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Yield to Maturity and Required Returns The Brownstone Corporation's bonds have 6 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 9%.

What is the yield to maturity at a current market price of $800? Round your answer to two decimal places.

What is the yield to maturity at a current market price of $1,124? Round your answer to two decimal places.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92075576

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