Question: a. What is the yield to maturity at a current market price of 1. $819? Round your answer to two decimal places. % 2. $1,078

a. What is the yield to maturity at a current market price of 1. \$819? Round your answer to two decimal places. % 2. $1,078 ? Round your answer to two decimal places. % b. Would you pay $819 for each bond if you thought that a "fair" market interest rate for such bonds was 12%-that is, if rd=12% ? III. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of IV. You would buy the bond as long as the yield to maturity at this price is less than your required reate V. You would buy the bond as long as the yield to maturity at this price equals your required rate of return
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