Annes marginal income tax rate is 18 percent. She purchases a corporate bond for $25,000 and the maturity, or face value, of the bond is $25,000. (Round your answers to 2 decimal places.)

a.	If the bond pays 6.2 percent per year before taxes, what is Annes annual after-tax rate of return from the bond if the bond matures in one year?

Annual after- tax rate of return:_________________%

b.	What is her annual after-tax rate of return if the bond matures in 10 years?

Annual after- tax rate of return:___________________%