1, You just purchased a bond that matures in 4 years. The bond has a face value of $1,000 and a 9% annual coupon. The bond has a current yield of 7.63%. What is the bond's yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places.

2, A bond that matures in 7 years sells for $1,020. The bond has a face value of $1,000 and a yield to maturity of 10.5883%. The bond pays coupons semiannually. What is the bond's current yield? Do not round intermediate calculations. Round your answer to two decimal places.

3, Absalom Energy's 8% coupon rate, semiannual payment, $1,000 par value bonds that mature in 10 years are callable 6 years from now at a price of $1,025. The bonds sell at a price of $1,255.60, and the yield curve is flat. Assuming that interest rates in the economy are expected to remain at their current level, what is the best estimate of the nominal interest rate on new bonds issued in 6 years? Do not round intermediate calculations. Round your answer to two decimal places.