The 11-year, $1,000 par value bonds of Waco Industries pay 9% interest annually. The market price of the bond is $1,145, and the market's required yield to maturity on a comparable risk bond is 6%.

A.) Compute the bond's yield to maturity.

B.) Determine the value of the bond to you given the market's required yield to maturity on a comparable-risk bond.

C.) Should you purchase the bond?