Q Search this co Ch 04: End-of-Chapter Problems - Bonds Valuation ack to Assignment Attempts Average/4 11. Problem 4-10 (Yield to Maturity and Required Returns) eBook Yield to Maturity and Required Returns The Brownstone Corporation's bonds have 5 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 8%. 1. What is the yield to maturity at a current market price of $7957 Round your answer to two decimal places. 2. What is the yield to maturity at a current market price of $1,0587 Round your answer to two decnnial places. b. Would you pay $795 for one of these bonds f you thought that the appropriate rate of interest was 13% - that is, if tg - 13%. -Select- Explain your answer 1. You would buy the bond as long as the yield to maturity at this price is less than your required rate of retum 11. You would buy the bond as long as the yield to maturity at this price equals your required rate of retum. III. You would buy the bond as long as the yield to maturity at this price does not equal your required rate of return IV. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of retum -Select