6-3

One bond has a coupon rate of 6.6%, another a coupon rate of 8.3%. Both bonds pay interest annually, have 15-year maturities, and sell at a yield to maturity of 8.0%.

a.	If their yields to maturity next year are still 8.0%, what is the rate of return on each bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 1 decimal place.)

	Rate of return
Bond 1	%
Bond 2	%