11) Part 1. ?(Bond valuation? relationships) The 14?-year, ?$1000 par value bonds of Waco Industries pay 7 percent interest annually. The market price of the bond is ?$945?, and the? market's required yield to maturity on a? comparable-risk bond is 9 percent. (Round to two decimal? places.) 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?

part two) (Yield to? maturity) The Saleemi? Corporation's ?$1000 bonds pay 11 percent interest annually and have 11 years until maturity. You can purchase the bond for ?$855.

a. What is the yield to maturity on this? bond? b. Should you purchase the bond if the yield to maturity on a? comparable-risk bond is 12 ?percent?