Back to Assignment Study Tools Attempts Keep the Highest/3 4. Problem 7.09 (Yield to Maturity) AZ ans cess Tips Tips for a FREE 7. age Unlimited Unlimited ooks eBook Harriman Industries bonds have 5 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 10% a. What is the yield to mturity at a current market price of 1. $8917 Round your answer to two decimal places % 2. $1,1917 Round your answer to two decimal places. % b. Would you pay $891 for each bond if you thought that a "fair market interest rate for such bonds was 12%-that is, ofre -12% 1. You would buy the bond as long as the yield to matunity at this price equals your required rate of return 11. You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return III. You would not buy the bond as long as the yield to maturity at the price is less than the coupon rate on the tond. IV. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return. V. You would buy the bond as long as the yield to maturity at this price is less than your required rate of return Select Free more back Grade it Now Save & Continue SO nan 4 U SE $ 4 % 5 & 7 + 1 2 3 6 8 0