$$885,$ and the market's required yield to maturity on a comparable$-$risk bond is $12$ 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.$)$

b$.$ What should be the value of the Waco bonds given the market's required yield to maturity on a comparable$-$risk bond?

$($Round to the nearest cent$)$