Home Plc issued a nine year bond in November 2011 with a coupon rate of 8% (face value = £100). In November 2016 (just after that year's coupon had been paid) you bought the bond at a price of £96.76. It is now exactly one year later and you have just sold the bond for £102.62.

a. What is the current yield today?

b. What was the yield to maturity on the day you bought the bond?

c. What is the yield to maturity of the bond today?

d. What was your rate of return over the year?