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5 You buy a bond for S958 that has a coupon rate of 6.20% and a maturity of 5 years. A year later, the bond

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5 You buy a bond for S958 that has a coupon rate of 6.20% and a maturity of 5 years. A year later, the bond price is $1,088 (Assume a face value of $1,000 and annual coupon payments) o. What is the new yield to maturity on the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) points to maturity eBook Print b. What is your rate of return over the year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) References te of return s

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