1. Lycan, Inc., has 8.7 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 10.7 percent, what is the current bond price? (Show your work. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 2. The Timberlake-Jackson Wardrobe Co. has 11.8 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1,124.97, what is the YTM? (Show your work. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 3. You purchase a bond with a coupon rate of 9.4 percent, a par value of $1,000, semiannual coupons, and a clean price of $820. If the next coupon payment is due in three months, what is the invoice price? (Show your work. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)