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Refer to Table $10-1,$ which is based on bonds paying $10$ percent interest for $20$ years. Assume interest rates in the market $($yield to maturity$)$ decline from $10$ percent to $6$ percent.

a$.$ What is the bond price at $10$ percent?

Bond price

b$.$ What is the bond price at $6$ percent?

Bond price

c$.$ What would be your percentage return on investment if you bought when rates were $10$ percent and sold when rates were $6$ percent?

Note: Do not round intermediate calculations. Input your answer as a percent rounded to $2$ decimal places.

Return on investment

Table $10-1$ Bond price table

$\backslash$table$[[(10\%$ Interest Payment, $20$ Years to Maturity$)],[$Yield to Maturity,PV of Coupons,,PV of Principal,,Bond Price$],[2\%,$$$1,635\mathrm{.}14,+,$$$672\mathrm{.}97,=,$$$2,308\mathrm{.}11$