1. (Bond valuation) Calculate the value of a bond that matures in 25 years and has a face value of $1,000. The coupon rate is 7% paid annually, and the investor's required rate of return is 11%.

2. (Bond valuation) Jasper Corp. is about to issue a 30 year bond with the following terms: $1,000 face value, an 8% coupon payment paid annually, and a required market return of 5.5%. What should be the price of this bond?

3. (Bond term) You are considering buying a bond with the following terms: $1000 face value, a 5% coupon rate with semi-annual payment, selling at 95% of face value. How long will the term of this bond be if you require a 6% return? (Round up to nearest half-year.)

I am starting to get the hang of my financial calculator, but I am getting confused on when to put the value in as a PMT or PV and other small details.