A $$1,000$ par value bond was issued $25$ years ago at a $12$ percent coupon rate. It currently has $15$ years remaining to maturity. Interest

rates on similar obligations are now $10$ percent. Assume Ms$.$ Bright bought the bond three years ago when it had a price of $$1,050.$

Further assume Ms$.$ Bright paid $30$ percent of the purchase price in cash and borrowed the rest $($known as buying on margin$).$ She

used the interest payments from the bond to cover the interest costs on the loan.

a$.$ What is the current price of the bond? Use Table $16-2.$

Note: Input your answer to $2$ decimal places.

b$.$ What is her dollar profit based on the bond's current price?

Note: Do not round interm ediate calculations and round your answer to $2$ decimal places.

Dollar profit

c$.$ How much of the purchase price of $$1,050$ did Ms$.$ Bright pay in cash?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places.

Purchase price paid in cash

d$.$ What is Ms$.$ Bright's percentage return on her cash investment? Divide the answer to part $b$ by the answer to part $c.$

Note: Do not round intermediate calculations. Input your answer as a percent rounded to $2$ decimal places.