The 13 year, $1,000 PAR Value bonds of Waco Industries pay 6% interest annually. The market price of the bond is $1,085, and the market's required yield to maturity on a comparable-risk bond is 4%. Compute the bond's yield to maturity. Determine the value of the bond to you given the market's required yield to maturity on a comparable-risk bond. Should you purchase the bond?