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The 11-year $1,000 par bonds of Vail Inc pay 12 percent interest. The markets required yield to maturity on a comparable-risk bond is 15 percent.

The 11-year $1,000 par bonds of Vail Inc pay 12 percent interest. The markets required yield to maturity on a comparable-risk bond is 15 percent. The current market price for the bond is $920.

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 home?

C: Should you purchase the bond at the current market price?

Please answer for A, B and C.

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