7.3 Yield to Maturity Sharp Company bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9%. What is the yield to maturity at a current market price of (1) $829 (2) $1,104? Would you pay $829 for each bond if you thought that a "fair" market interest rate for such bonds was 12%-that is, if r-12%. Explain your answer. a. b