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The 12 year, $1,000 par value bonds of Waco industries pay 11 percent interest annually. The market price of the bond is $855, and the

The 12 year, $1,000 par value bonds of Waco industries pay 11 percent interest annually. The market price of the bond is $855, and the markets required yield tonmTurity on a comparable-risk bond is 15 percent.

A. Compute the bonds yield to maturity

B. Determine the value of rhe bomd to you given the markets required yield to maturity on a comparable-risk bond.

C. Should you purchase the bond

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