Question: ( Bond valuation ) Fingen ' s 1 7 - year, $ 1 comma 0 0 0 par value bonds pay 1 1 percent interest

(Bond valuation)Fingen's 17-year, $1 comma 000 par value bonds pay 11 percent interest annually. The market price of the bonds is $930 and the market's required yield to maturity on a comparable-risk bond is 10 percent.
a.Compute the bond's yield to maturity.
b.Determine the value of the bond to you, given your required rate of return.
c.Should you purchase the bond?
Question content area bottom
Part 1
a.What is your yield to maturity on the Fingen bonds given the market price of the bonds?
enter your response here%(Round to two decimal places.)

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