fingens 11-year , $1,000 par value bonds pay 14 percent interest annually. the market price of the bonds is $880 and the markets required yield to maturity on a comparable-risk bond is 18 percent.

Related to Checkpoint and Checkpl) and wastong year 100 band pay 14 and retail The market price of the bonds is and many many a compartirish bond is 1 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