Homework: 7-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 9 of 12 12 completely HW Score: 0%, 0 of 50 pts P9-15 (similar to) Question Help o (Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation The 8-year $1.000 par bonds of Vall Inc. pay 11 percent interest. The market's required yield to matunity on a comparable-risk bond is 13 percent. The current market price for the bond is $860. a. Determine the yield to maturity b. What is the value of the bonds to you given the yield to maturity on a comparable-risk bond? c. Should you purchase the bond at the current market arion? a. What is your yield to maturity on the Val bonds given the current market price of the bonds? % (Round to two decmal places.) Enter your answer in the answer box and then click Check Answer. 2 parts remaining Clee All Check