Determine the yield to maturity

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The 12?-year $1,000 par bonds of Vail Inc. pay 11 percent interest. The? market's required yield to maturity on a? comparable-risk bond is 8 percent. The current market price for the bond is $1,140.

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?

Reference no: EM133113935

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