7-16. (Bondholders' expected rate of return) Sakara Co. bonds are selling in the market for $1,045. These 15 -year bond pay 7 percent interest annually on a $1,000 par value. If they are purchased at the market price, what is the expected rate of return? 7-17. (Bondholders' expected rate of return) The market price is $900 for a 10-year bond ( $1,000 par value) that pays 6 percent interest ( 3 percent semiannually). What is the bond's expected rate of return