1. A 30-year 6.500% semi-annual coupon bond has a tenor of 17 years and a yield to maturity of 7.750%. In percent of PAR, what is the price of the bond today?

2. A 30-year 5.500% semi-annual coupon bond has a yield to maturity of 6.900%. If the current price is 90.882% of PAR, what must be the tenor, in years?

3. A 30-year 5.500% semi-annual coupon bond has a current price of 101.212% of PAR. If the tenor of the bond is 18 years, what must the yield to maturity be?

Use percent of PAR method and do NOT assume the value of the bond is $1,000