(Bond valuation relationships) Stanley, Inc, issues 15 -year $1,000 bonds that pay $95 annually. The market price for the bands is $1,128.T The market's required yioic 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 (i) increases to 13 percent or (ii) 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 markers 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 markers required yiold to matunty on a comparable-fisk bond increases to 13 porcent? (Round to the nearest cent) b. (ii) What is the value of the bond if the markers required yield to maturity on a comparable-risk bond decreases to 6 percent? (Round to the nearest cent) c. Under which of the circumstances in part (b) should you purchase the bond? (Select from the drop-down menus.) If the yeid to maturity on a comparable-risk bond you purchase the Stanley bonds at the current market price of $1,128