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Problem 5-10 Yield to Maturity and Required Returns The Brownstone Corporation's bonds have 6 years remaining to maturity. Interest is paid annually, the bonds have

Problem 5-10 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 $812? Round your answer to two decimal places. %

What is the yield to maturity at a current market price of $1,129? Round your answer to two decimal places. %

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