1. Renfro Rentals has issued bonds that have a 12% coupon rate, payable semiannually. The bonds mature in 6 years, have a face value of $1,000 and a yield to maturity of 7.5%. What is the price of the bonds? Round your answers to the nearest cent.

2. Heath Foods bonds have 8 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity of 10%. They pay interest annually and have 9% coupon rate. What is their current yield? Round your answers to two decimal place.

3. Jackson corporations bonds have 5 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest is 10%. The bonds have a yield to maturity of 5%. What is the current market price of these bonds?Round your answers to the nearest cent.