arrimon 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 8%. a. What is the yield to maturity at a current market price of 1. $8237 Round your answer to two decimal places. 2. 51.0847. Round your answer to two decimal places. b. Would you pay $823 for ench bond if you thought that a "fair" market interent. rate for such bonds was 12%. that is, if rad = 12% ? 1. You would buy the bond as long as the yield to maturity at this price In greater than your regulred rate of retuin. 11. You would buy the bond as long as the yleld to maturity at this price is less than your required rate of raturn. III. You would buy the bond as long as the yleld to maturity at this price equale your required rate of return. IV. You would not bay the bond as long as the yield to maturity at this price is greater than your required rate of return. V. 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