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The 14-year $1,000 par bonds of Vail Inc. pay 13% interest. The market's required yield to maturity on a comparable-risk bond is 10%. The current

The 14-year $1,000 par bonds of Vail Inc. pay 13% interest. The market's required yield to maturity on a comparable-risk bond is 10%. The current market price for the bond is $1,090.

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 bond?

C.) Should you purchase the bond at the current market price?

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