A 2-year bond with par value $1,000 making annual coupon payments of $94 is priced at $1,000.

1.	What is the yield to maturity of the bond? (Round your answer to 1 decimal place. Omit the "%" sign in your response.)

Yield to maturity

%

2.	What will be the realized compound yield to maturity if the 1-year interest rate next year turns out to be (a) 9%, (b) 11%, (c) 13%? (Round your answers to 2 decimal places. Omit the "%" sign in your response.)

r		Realized YTM
9	%	%
11	%	%
13	%	%