A corporate bond has a maturity of 2 years and a coupon of 10%, paid annually. It is trading at par. You reckon that there is a probability of 5% that the company will default in year 1, a 20% probability that it will default in year 2 and a 75% probability that it will not default. If the company does default, it will be liquidated and you can expect to receive 32% of the nominal value of the bond at the end of year 2. What is the yield on the bond? What is the expected return on the bond if you hold it to maturity