Assume you purchased a high-yield corporate bond at its current market price of $885 on January 2,2004 . It pays 7.00 percent interest and it will mature on December 31 , 2013 , at which time the corporation will pay you the face value of $1,000. (a)Determine the current yield on your bond investment at the time of purchase. (Round your intermediate calculations and final answer to 2 decimal places.) (b)Determine the yield-to-maturity on your bond investment. (Round your intermediate calculations and final answer to 2 decimal places.)