The 20-year, $1,000 par value bonds of Waco Industries pay 6 percent annual interest and makes interest payments on a semiannual basis. The market price of the bond is $925, and the market's required yield to maturity on a comparable-risk bond is 6.5 percent. 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?