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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

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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%. a. 1. What is the yield to maturity at a current market price of $820? Round your answer to two decimal places. 16.48 % 2. What is the yield to maturity at a current market price of $1,236? Round your answer to two decimal places. 14.72 %

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