Question $3$

A semi$-$annual coupon bond has a face value of $$1,000$ and a coupon rate of $3\mathrm{.}4\%.$ Time to maturity is $18$ years and the current yield to maturity is $5\mathrm{.}6\%.$ What percentage of this bond's value comes from coupon payments?

a$.47\mathrm{.}1\%$

b$.52\mathrm{.}9\%$

c$.11\mathrm{.}8\%$

d$.17\mathrm{.}9\%$

e$.50\mathrm{.}8\%$