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(Related to Checkpeint 9.2 and Checkpoint 9.3 ) (Bond valuation) Finger's 16-yeat, 51,000 par value bonds pay 14 percunt interest aninualy. The market price of

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(Related to Checkpeint 9.2 and Checkpoint 9.3 ) (Bond valuation) Finger's 16-yeat, 51,000 par value bonds pay 14 percunt interest aninualy. The market price of the bonds is 5930 and the markers required yiold to maturify on a comparable-risk bond is 17 percent. a. Compule the bondrs yield to maturity b. Delermine the value of the bond to you, given your requred rate of retum: c. Should you purchase the bond? a. What ia your yoid to maturity on the Fingen bonds given the market price of the bonds? (Round to two decinal places)

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