Question: sick to Assignment Attempts 1 1 Keep the Highest 1/3 6. Problem 7.09 (Yield to Maturity) ebook Harrimon Industries bonds have 5 years left to

 sick to Assignment Attempts 1 1 Keep the Highest 1/3 6.

sick to Assignment Attempts 1 1 Keep the Highest 1/3 6. Problem 7.09 (Yield to Maturity) ebook Harrimon 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 maturity at a current market price of 1. $8807 Round your answer to two decimal places 2. $1,1767 Round your answer to two decimal places % b. Would you pay $880 for each bond if you thought that a "fair" market interest rate for such bonds was 12% that is ifra -12% 12 1. You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return. 11. You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond. it. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return. IV. You would buy the bond as long as the yield to maturity at this price is less than your required rate of return. V. You would buy the bond as long as the vuld to maturity at this price equals your required rate of return Grade it Now Save & Continue Continue without saving

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