b (ii) what is the value of the bond if the markets required yield so maturity on a comparable risk bond decreases to 6%?

hit 9 Lab Quiz This Question: 2 pts 4 15 of 20 (12 complete) Sub This Quiz: 40 pts p (Bond valuation relationships) Stanley, Inc. issues 10-year $1,000 bonds that pay $90 annually. The market price for the bonds is $1,067, The market's required yield to maturity on a comparable-risk bond is 8 percent a. What is the value of the bond to you? b. What happens to the value if the market's required yield to maturity on a comparable-risk bond () increases to 12 percent or (i) decreases to 6 percent? c. Under which of the circumstances in part b should you purchase the bond? a. What is the value of the bond if the market's required yield to maturity on a comparable-risk bond is 8 percent? (Round to the nearest cent) b. (1) What is the value of the bond if the market's required yield to maturity on a comparable-risk bond increases to 12 percent? (Round to the nearest cent.) Enter your answer in each of the answer boxes Type here to search ? L 61F Mostly sunny O 40) 8:42 PM 6/22/2021 5