(Bond valuation relationships) A bond of Telink Corporation pays $110 in annual interest, with a $1,000 par value. The bonds mature in 30 years. The market's required yield to maturity on a comparable-risk bond is 9 percent a. Calculate the value of the bond b. How does the value change it the market's required yield to maturity on a comparable-risk bond ) increases to 13 percent or (it) decreases to 4 percent? c. Interpret your findings in parts a and b *** a. What is the value of the bond if the market's required yield to maturity on a comparable-risk bond is 9 percent? si (Round to the nearest cent)