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pls answer a-c. pls round to two decimals places (Related to Checkpoint 9.2...

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pls answer a-c. pls round to two decimals places

(Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation relationships) The 14-year $1.000 par value bonds of Waco Industries pay 7 percent interest annually. The market price of the bond is 5865, and the market's required yield to maturity on a comparable-risk bond is 10 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? a. What is your yield to maturity on the Waco bonds given the current market price of the bonds? % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer 2 parts remaining Clear All Check

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