(Felated to Checkpoint 9.2 and Chechpoint 9.3 ) (Bond valuation relationships) The 19 year, $1.000 par value bonds of Waso industries poy 11 percent interest arnually. The market price it the bond it 3915 , and the markers requirod yeid to maturity on a comparable-risk bond is 14 percent. a. Compste the bonds yield to maturity. b. Determine the value of the bond to you given the markers required yield to maturity on a comparable-risk bond. e. Should you purchase the bond? a. What is your yield to etaturity on the Waco bionds given the current manket price of the bonds? (Round to two decimal ploces.)