Od to Checkpoint and Checkpoint 9.3) Bond valuation relationships) The 13 year, $1,000 p value bonds of Wace Industri pay 8 percent interest anually. The market price of the bond is $1,106, and the mar's red yield to maurity on a comparabisk bond is 5 percent Compute the bonds yield to mounty Determine the value of the bond to you given the markets required yield to maturity on a comparable risk and Should you purchase the bond? What is your yerdo maturity on the Waco bonds given the current market price of the bonds? [ Pound to two decimal places)