Aunt Clara has a problem of a very personal nature, and she has come to you for some help. It seems her cat Snookies needs an emergency operation to have an ingrown claw removed, and she must raise $1,100 for this worthwhile deed. When Uncle Henry passed away last year, he left Clara a safety deposit box full of stocks and bonds, and she went to the bank this afternoon and retrieved a bond that she is planning to sell to get the money for the operation. But Clara has not trusted brokers ever since the time one of them sold Henry shares in a diamond mine located in Beckley. Before she takes the bond to the broker, she wants to know what it is worth, and she has come to you for help. The bond was issued by the Hurricane Hot Tub Company ten years ago, carries a 14% coupon, pays interest semiannually, and has ten years to go until it matures. You have looked through "Barrons", and you estimate that a bond like this should yield 12% in today's market. If Clara is able to sell this bond at its fair market price, will she have enough cash for Snookies' operation? Justify your answer.