A government bond matures in 8 years, makes annual coupon payments of 4.7% and offers a yield of 2.7% annually compounded. Assume face value is $1,000. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) a. Suppose that one year later the bond still yields 2.7%. What return has the bondholder earned over the 12-month period? Rate of return % b. Now suppose that the bond yields 1.7% at the end of the year. What return did the bondholder earn in this case? Rate of return % Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100. Bond Coupon (8) Price (8) 80.50 99.50 130.50 a. What is the yield to maturity of each bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Bond Coupon YTM (%) 10 b. What is the duration of each bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Bond Coupon %) Duration