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Harriman Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate

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Harriman Industries 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 10% a. What is the yield to maturity at a current market price of 1. $9087 Round your answer to two decimal places. 2. $1,1517 Round your answer to two decimal places % b. Would you pay $908 for each bond if you thought that a "fair market interest rate for such bonds was 120--that is, if-1207 1. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return 11. You would buy the bond as long as the yield to maturity at this price is less than your required rate of return III. You would buy the bond as long as the yield to maturity at this price equals your required rate of retum. IV. You would not buy 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

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