Johnson & Johnson is one of the world$$s largest manufacturers of health care products. The company$$s July $2,2017,$ financial statements included the following information in the long$-$term debt disclosure note:

$($$ in millions$)$

July $2,2017$

Zero$-$coupon convertible subordinated debentures, due $2020$

$$69$

The bonds were issued at the beginning of $2000.$ The disclosure note stated that the effective interest rate for these bonds is $3\%$ annually. Some of the original convertible bonds have been converted into Johnson & Johnson shares of stock. The $$69$ million is the present value of the bonds not converted and thus reported in the financial statements. Each individual bond had a maturity value $($face amount$)$ of $$1,000.$ The maturity value indicates the amount that Johnson & Johnson paid bondholders at the beginning of $2020.$ Zero$-$coupon bonds pay no cash interest during the term to maturity. The company is $$accreting$($gradually increasing$)$ the issue price to maturity value using the bonds$$ effective interest rate computed on a semiannual basis.

Required:

Determine to the nearest million dollars the maturity value of the zero$-$coupon bonds that Johnson & Johnson paid bondholders at the beginning of $2020.$

Determine to the nearest dollar the issue price at the beginning of $2000$ of a single, $$1,000$ maturity$-$value bond.