coupon rate of 10%

Question 3 of 7 Check My Work eBook arrimon industries bonds have 6 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 0%. What is the yield to maturity at a current market price of 1. $865? Round your answer to two decimal places. 96 2. $1,2497 Round your answer to two decimal places. b. Would you pay $665 for each bond if you thought that a "fale market interest rate for such bonds was 12%-that is, if to -12%? 1. 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. II. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return III. You would buy the bond as long as the vield to maturity at this price is less than your required rate of return IV. You would buy the bond as long as the yield to maturity at this price equals vour required rate of return. V. You would not buy the bond as long as the vield to maturity at this price is greater than your required rate of return -Select- M