An 7.9%, ten-year bond yields 5.9%. If the yield remains unchanged, what will be its price one year hence? Assume annual coupon payments. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Show all calculations.

Price

$

b.	What is the total return to an investor who held the bond over this year? (Do not round intermediate calculations. Round your answer to 1 decimal place.)

Total return

%