Below is a list of prices for zero-coupon bonds of various maturities.

Maturity (Years)	Price of $1,000 Par Bond (Zero-Coupon)
1	$	952.60
2		836.44
3		802.14

a. A 6.3% coupon $1,000 par bond pays an annual coupon and will mature in 3 years. What should the yield to maturity on the bond be? (Round your answer to 2 decimal places.)

YTM=

b. If at the end of the first year the yield curve flattens out at 8.3%, what will be the 1-year holding-period return on the coupon bond? (Round your answer to 2 decimal places.)

HPR=