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I need the correct answer. The question reads: The 18 year, $1000 par value bond of Waco Industries pay 6 percent interest annually. The market

I need the correct answer.

The question reads: The 18 year, $1000 par value bond of Waco Industries pay 6 percent interest annually. The market price of the bond is $885, and the market's required yield to maturity on a comparable-risk bond is 9%.

A. Compute the bond's yield to maturity

B. Determine the value of the bond to you given the market's required yield to maturity on a comparable-risk bond.

C. Should you purchase the bond? image text in transcribed

Hopefully this is better. Its the best pic I can take.

image text in transcribed

ya ULUU MSyriment re: 0 of 5 pts ines --17 (similar to) ed to Checkpoint and Checkpoint Bond is relationship The year 1.000 prebonds of W Compute the body to maturity Determine the value of the tend to you given the makers required yield to many as a comparable risk bond Should you purchase the band? What is your old many on the W ebdeven the current market price of the boda? Round to two domace Score: 0 of 5 pts band valuation on the bands of Wisco esperes muy the price of the bondade P9-17 (similar to) Related to Checkpoint and Check Compute the band's yeld te matury Should you purchase the body What is your yold to maturity on the Wesen van the current mare price of the bonds

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