Question: hello i input 7.18 and it told me it was incorrect what am i doing wrong? thank you for your time :) Score: 0 of

hello i input 7.18 and it told me it was incorrect what am i doing wrong? thank you for your time :)

Score: 0 of 3 pts 5 of 7 (6 complete) HW Score: 81.25%, 13 of 16 pts P9-17 (similar to) Question Help Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation relationships) The 15-year. $1,000 par value bonds of Waco Industries pay 6 percent interest annually. The market price of the bond is $885, and the market's required yield to maturity on a comparable-risk bond is 9 percent a. Compute the bond's yield to maturity b. Determine the value of the bond to you given the market's required yield to maturity on a comparable-risk bond c. Should you purchase the bond? a. What is your yield to maturity on the Waco bonds given the current market price of the bonds ? 7.18 (Round to two decimal places) ho

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