The seven$-$year, $$1,000$ par value bonds of Vail; Inc. pay $8\mathrm{.}0$ percent interest annually $($assume semi$-$annual payments$).$ the market's required yield to maturity on a comparable$-$risk bond is $7$ percent. The current price for the bond is $$1,025.$

a$.$ Determine the Yield to Maturity.

b$.$ What is the value of the bond to you given the yield to maturity on a comparable$-$risk bond?

c$.$ Should you purchase the bond at the current market price?

$\backslash$table$[[$a$.,$Coupon rate,$8\mathrm{.}0\%$

Please show how to solve for Excel