1) Consider an annual interest coupon bond purchased one year ago. At that time, it had 6 years remaining to maturity. The coupon interest rate is 10%, and the par value is $1000. At the time of purchase, the yield to maturity was 8%. The bond was sold after receiving the first interest payment. The yield to maturity at the time of the sale was 8%.What is the annual total rate of return from holding the bond for the period held?

2) Consider an annual interest coupon bond purchased one year ago. At that time, it had 6 years remaining to maturity. The coupon interest rate is 10%, and the par value is $1000. At the time of purchase, the yield to maturity was 8%. The bond was sold after receiving the first interest payment. The yield to maturity at the time of the sale was 9%.What is the annual total rate of return from holding the bond for the period held?