1. Madsen Motors's bonds have 12 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 9.5%; and the yield to maturity is 13%. what is the bond's current market price? Round your answer to the nearest cent. 2. Nesmith Corporation's outstanding bonds have a $1,000 par value, a 11% semiannual coupon, 15 years to maturity, and an 8.5% YTM. what is the bond's price? Round your answer to the nearest cent. 3, Bond X is noncallable and has 20 years to maturity, a 8% annual coupon, and a $1,000 par value. Your required return on Bond X is 8%, if you buy it, you plan to hold it for 5 years. You (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. How much should you be willing to pay for Bond X today? (Hint: You will need to know how much the bond will be worth at the end of 5 years.) Do not round intermediate calculations. Round your answer to the nearest cent