$$Fingen$\text{'}$s $11-$year, $$$$1000$ par value bonds pay $12$ percent interest annually. The market price of the bonds is $$$$1070$ and the$$ market's required yield to maturity on a$$ comparable$-$risk bond is $9$ percent.

a$.$Compute the$$ bond's yield to maturity.

b$.$Determine the value of the bond to$$ you, given your required rate of return.

c$.$Should you purchase the$$ bond?