Fingen's $13$ year, $$1000$ par value bonds pay $14$ percent annually. The market price of the bonds is $$1070$ and the market's required yield to maturity on a comparible$-$risk bond is $11$ 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?