(Reiated to Checkpoint 9.2 and Checkpoint 9.3 ) (Bond valuation) Fingerr's 11 -year, $1,000 par velue bonds pay 9 percont interest annually. The markot price of the bonds is $1,060 and the markers required yeid to maturity on a comparable-risk bond is 7 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? 5. (Round to two decinal places.)