Barry's Steroids Company has $$1,000$ par value bonds outstanding at $13$ percent interest. The bonds will mature in $50$ years.

If the percent yield to maturity is $11$ percent, what percent of the total bond value does the repayment of principal represent? Assume

interest payments are annual. Use Appendix B and Appendix Dor an approximate answer but calculate your final answer using the

formula and financial calculator methods.

Note: Do not round Intermedlate colculations. Input your answer as a percent rounded to $2$ declmal places.

Principal as a percentage of bond price