= Homework: MT217M5 Lab Assessment Question 9, P9-20 (similar to) Part 1 of 5 HW Score: 30%, 6 of 20 points O Points: 0 of 1 Save (Bond valuation relationships) A bond of Telink Corporation pays $110 in annual interest, with a $1,000 par value. The bonds mature in 10 years. The market's required yield to maturity on a comparable-risk bond is 9 percent. a. Calculate the value of the bond. b. How does the value change if the market's required yield to maturity on a comparable-risk bond (i) increases to 12 percent or (ii) decreases to 6 percent? c. Interpret your findings in parts a and b. .. a. What is the value of the bond if the market's required yield to maturity on a comparable-risk bond is 9 percent? $(Round to the nearest cent.)