Fingen's 16​-year, ​$1,000 par value bonds pay 11 percent interest annually. The market price of the bonds is ​$1,090 and the​ market's required yield to maturity on a​ comparable-risk bond is 8 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?   What is your yield to maturity on the Fingen bonds given the market price of the​ bonds? __​% ​(Round to two decimal​ places.)

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