Question: Please help answer the below, round to decimal places. The 11-year, exist1,000 par value bonds of Waco Industries pay 12 percent interest annually. The market

Please help answer the below, round to decimal places.

Please help answer the below, round to decimal places. The 11-year, exist1,000

The 11-year, exist1,000 par value bonds of Waco Industries pay 12 percent interest annually. The market price of the bond is exist1, 135, and the market's required yield to maturity on a comparable-risk bond is 8 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? % (Round to two decimal places.)

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