P9-13 (similar to) Question Help (Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) Fingen's 17-year, $1,000 par value bonds pay 11 percent interest annually. The market price of the bonds is $1,090 and the market's required yield to maturity on a comparable-risk bond is 8 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? a. What is your yield to maturity on the Fingen bonds given the market price of the bonds? % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer Clear Al An remaining Oo W 7:50 AM 10/17/2018 20