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An annual coupon bond has a face value of 1 000 and a coupon rate...

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An annual coupon bond has a face value of 1 000 and a coupon rate of 6 0 Time to maturity is 16 years and the current yield to maturity is 7 5 What percentage of this bond s value is due to its face value Answer in percent rounded to one decimal place e g 54 67 54 7 Hint PV of the face value of a bond is given by the second term in the coupon bond value formula Find the PV of the face value and divided it by the total value of the coupon bond

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