1) A bond has a coupon rate of 8.2 percent, a $1,000 par value, matures in 11.5 years, has a yield to maturity of 7.67 percent, and pays interest annually. What is the current yield?

This answer is already posted in chegg and my teacher gave me the answer. It is 7.89%. I do this in my calculator. This is what I put

N= 11.5, I = 7.67 PMT = 82. The thing I dont get is the PV and the FV... when it says $1000 par value I thought that meant PV or present value on the calculator. But a cheg answer and my teacher says to put the 1000 under FV (future value or face value). So my question is why would the 1000 go under FV and not PV. I always thought par value went under PV. And does PV stand for Present value or par value and does the FV stand for future value or fair value.

Thanks for the help in advance