A 30-year maturity bond has a 7.4% coupon rate, paid annually. It sells today for $879.92. A 20 -year maturity bond has a 6.9% coupon rate, also paid annually. It sells today for $8881. A bond market analyst forecasts that in five years, 25-year maturity bonds will sell at yields to maturity of 8.4% and 15 -year maturity bonds will sell at yieids of 7.9%. Because the yield curve is upward sloping, the analyst belleves that coupons will be invested in short-term seeurities at a rate of 4.2%. a. Cakulate the (annualized) expected rate of return of the 30 -year bond over the 5 -year period. (Round your answer to 2 decima! places.) b. What is the (annualized) expected retum of the 20-year bond? (Round your answer to 2 decimal places.)