Hw5 Saved Help Save & Exit Submit Check my wor 7 You buy a bond for $976 that has a coupon rate of 74% and a 5-year maturity. A year later, the bond price is $1,136. (Assume a face value of $1,000 and annual coupon payments.) 15 points a. What is the new yield to maturity on the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Skipped Yield to maturity Book Print References b. What is your rate of return over the year? (Do not round intermediate calculations Enter your answer as a percent rounded to 2 decimal places.) Rate of return Prev7 of 8 Next>