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1. An annual coupon bond has a face value of $1,000 and a coupon rate of 4.8%. Time to maturity is 21 years and the

1. An annual coupon bond has a face value of $1,000 and a coupon rate of 4.8%. Time to maturity is 21 years and the current yield to maturity is 5.6%. What percentage of this bond's value comes from its face value payment at maturity? Answer in percent, rounded to one decimal place (e.g., 54.67% --> 54.7)

2. A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 4.3%. Time to maturity is 24 years and the current yield to maturity is 7.6%. How much is this bond worth? Round to the nearest cent.

3. A Japanese government bond with a $1,000 face value has a 1.64% annual coupon rate. The bond matures in 8 years. The current YTM on the bond is -0.7% (negative!). What is this bond worth? Round to the nearest cent.

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