The market price of the bonds is 1060 and the markets


?Fingen's 12?-year, ?$1,000 par value bonds pay 12 percent interest annually. The market price of the bonds is ?$1,060 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 your required rate of return.

c. Should you purchase the? bond? I need answers to all 3 questions please!

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Finance Basics: The market price of the bonds is 1060 and the markets
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