(Bond valuation) Fingen's 16-year, $1,000 par value bonds pay 11 percent interest annually. The market price of the bonds is $1,140 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 your required rate of return.

C.

Should you purchase the bond?

What is your yield to maturity on the Fingen bonds given the market price of the bonds?

% (Round to two decimal places.)

a compartiek boridis Roomed to check trinta and checkpoint 9.3) (Bond valuation) Finger'a 16 year. $1.00 per www bonda pery 1 percent interest armway. The market price of the bonds a $1.140 and we maker's required yed to muturiti con Compute the bonds yield to marunty b. Determine the value of the bond to you, given your required rate of rebum c. Should you purchase a bond? Cub Wat is your yulia mally on the Fingen bonds given the market price of the bonda? Curwo tecidos