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Russia Rust Treatment, Inc. issued $2.6 billion worth of 45-year bonds nine years ago. Each bond has a $1,000 par value (it sold initially for

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Russia Rust Treatment, Inc. issued $2.6 billion worth of 45-year bonds nine years ago. Each bond has a $1,000 par value (it sold initially for $1,000 and will return $1,000 at maturity) and a 5.4% annual coupon interest rate, but with interest paid every six month - so be sure to compute semiannually, and compute with enough decimal places to assure accuracy! If the expected yield to maturity (whigh we treat as an effective annual rate, or EAR, measure) is 4.8576%, then at what price would we expect each of these semiannual-interest-payment bonds to sell today? O A. $1,071.78 O B. $1,102.34 O C. $905.21 OD. $1,091.82 E. $1,107.99 Reset Selection

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