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.
%