(Bond valuation relationships) A bond of Visador Corporation pays $70 in annual interest with a $1.000 par value. The bonds mature in 17 years. The market's required yield to maturity on a comparable-risk bond 85 percent a. Calculate the value of the bond b. How does the value charge of the mark's required yield to maturity on a comparable-risk bond increases to 11 percent or decreases to percent? c. Interpret your finding in parts and b. a. What is the value of the bond the markets required yield to maturity on a comparable-risk bond is 85 percent? $ (Round to the nearestent)