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URGENT HELP ASAP PLEASE Yoyo Inc. issues 16-year $2000 bonds that pay $89 annually. The market price for the bonds is $1000. The market's required

URGENT HELP ASAP PLEASE

Yoyo Inc. issues 16-year $2000 bonds that pay $89 annually. The market price for the bonds is $1000. The market's required yield to maturity on a comparable-risk bond is 10%.

A. What is the value of the bond to you?

B. What happens to the value if the market's required yield to maturity on a comparable-risk bond (i) increases to 15 percent or (ii) decreases to 10%?

C. Under which of the circumstances in you purchase the bond?

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