(Related to Checkpoint 9.2 and Checkpoint 9.3 ) (Bond valuation) The 12 year $1,000 par bonds of Vail Inc. pay 12 percent interest. The maker's required yold to maturity on a comparable-risk bond is 13 percent. The curfent market price for the bond is $1,060. a. Determine the yield to mapurity. b. What is the valie of the bonds to yoir given the yield to maturity on a comparableriek bond? c. Should you putchase the bond at the cument market price? a. What is your yweld 10 maturay on the Val bonds given the curent market price of the borda? (ficound in tho decinal places)