A 30-year maturity bond has a 7.8% coupon rate. paid annually. It sells today for $882.6. A 20-year maturity bond has a 7.3% coupon rate, also paid annually. It sells today for $896.7. A bond market analyst forecasts that in five years, 25-year maturity bonds will sell at yields to maturity of 8.8% and 15-year maturity bonds will sell at yields of 8.3%. Because the yield curve is upward sloping, the analyst believes that coupons will be invested in short-term securities at a rate of 6.5%. a. Calculate the (annualized) expected rate of return of the 30-year bond over the 5-year period. (Round your answer to 2 decimal places.) 30-year bond % b. What is the (annualized) expected return of the 20-year bond? (Round your answer to 2 decimal places.) 20-year bond %