Goodtastes corp.has a 10​-year,​$1,000 par value bondswith 11​% annual interest. The market price of the bonds is​$1,200​, and the required rate of return is ​

a. Find the​ bond's expected rate of return.

b. What is the value of the bond to​ you, given your requiredrate of return.

c. Should you purchase the​ bond?

a. What is the expected rate of return of the​ bond? nothing​%​(Round to two decimal​ places.)

b. What is the value of the bond to​ you, given your percentrequired rate of​ return? ​$ nothing  ​(Round to the nearest​cent.)

c. Should you purchase the​ bond?  ​(Select the best choice​below.)

A. Yes. Since the expected rate of return is more than yourrequired rate of​ return, the bond is an acceptable investment.

B. No. Since the expected rate of return is less than yourrequired rate of​ return, the bond is not an acceptableinvestment.

C. Yes. Since the expected rate of return is less than yourrequired rate of​ return, the bond is an acceptable investment.

D. No. Since the expected rate of return is more than yourrequired rate of​ return, the bond is not an acceptableinvestment.