Question list &(RelatedtoCheckpoint9.2andCheckpoint9.3)(Bondvaluation)The12-year$1,00parbondsofVailInc.pay11percentinterest.Themarketsrequiredyieldtomaturityona comparable-risk bond is 12 percent. The current market price for the bond is $870. Question 4 a. Determine the yield to maturity. b. What is the value of the bonds to you given the yield to maturity on a comparable-risk bond? c. Should you purchase the bond at the current market price? Question 5 a. What is your yield to maturity on the Vail bonds given the current market price of the Question 6 bonds? % (Round to two decimal places.) Question 7 Question 8 Question 9 Question 10 Question 11