$($Bond valuation$)$The $12-$year $$$$1000$ par bonds of Vail Inc. pay $14$ percent interest. The$$ market's required yield to maturity on a$$ comparable$-$risk bond is $17$ percent. The current market price for the bond is $ $930.$

a$.$Determine the yield to maturity.

b$.$What is the value of the bonds to you given the yield to maturity on a$$ comparable$-$risk bond?

c$.$Should you purchase the bond at the current market$$ price?

a$.$ What is your yield to maturity on the Vail bonds given the current market price of the$$ bonds?

$$

$\%($Round to two decimal$$ place$)$