The $7-$year $$1000$ par bonds of Vail Inc. pay $9$ percent interest. The market's required yield to maturity on a comparable$-$risk bond is $7$ percent. The current market price for the bond is $ $1050.$ Determine the yield to maturity. What is the value of the bonds to you given the yield to maturity on a$$ comparable$-$risk bond? Should you purchase the bond at the current market$$ price?