Cy owns investment A and 1 bond B. The total value of his holdings is 1,876 dollars. Bond B has a coupon rate of 9.72 percent, par value of $1000, YTM of 7.28 percent, 11 years until maturity, and semi-annual coupons with the next coupon due in 6 months. Investment A is expected to produce annual cash flows forever. The next cash flow is expected to be 53.58 dollars in 1 year, and subsequent annual cash flows are expected to increase by 2 percent each year forever. What is the expected return for investment A? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

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Bond A pays annual coupons, pays its next coupon in 1 year, matures in 13 years, and has a face value of 1,000 dollars. Bond B pays semi-annual coupons, pays its next coupon in 6 months, matures in 13 years, and has a face value of 1,000 dollars. The two bonds have the same yield-to-maturity. Bond A has a coupon rate of 9.12 percent and is priced at 969.44 dollars. Bond B has a coupon rate of 7.48 percent. What is the price of bond B?