The 14-year, $1000 par value bonds of Waco Industries pay 9 percent interest annually. The market price of the bond is $1145, and the market's required yield to maturity on a comparable-risk bond is 6 percent. How do you compute the bond's yield to maturity? How would you determine the value of the bond to you given the market's required yield to maturity on a comparable-risk bond? Finally, should you purchase the bond?