(Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) Fingen's 18-year, $1,000 par value bonds pay 8 percent interest annually. The market price of the bonds is $1,070 and the market's required yield to maturity on a comparable-risk bond is 6 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