A bond has a $$1,000$ par value, $8$ years to maturity, and a $6\%$ annual coupon and sells for $$930.$

a$.$ What is its yield to maturity $($YTM$)?$ Round your answer to two decimal places.

$7\mathrm{.}18\%$

b$.$ Assume that the yield to maturity remains constant for the next two years. What will the price be $2$ years from today? Do not round intermediate

calculations. Round your answer to the nearest cent.

$ $\_\_\_\_\_$