me (Bond valuation relationships) Stanley, Inc. issues 15-year $1,000 bonds that pay $90 annually. The market price for the bonds is $1,182. The market's required yield to maturity on a comparable-risk bond is 7 percent a. What is the value of the bond to you? b. What happens to the value if the market's required yield to maturity on a comparable-risk bond (0) increases to 12 percent or (i) decreases to 5 percent? ady tool c. Under which of the circumstances in part b should you purchase the bond