1) A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 85% of its $1,000 par value. If the last interest payment was made 97 days ago, and this interest period has 183 days, and the coupon rate is 4.42%, what is the invoice price of the bond?

2) 3 years ago you purchased a 11 year maturity, 4.9% coupon annual pay bond at a price of $98 per $100 of face value. Shortly after you purchased the bond, yields changed to 3.69%. If you sell the bond today at a price of $96 per $100 of face value, what is your annualized holding period return?

Enter answer in percents, to two decimal places.