If a bond's yield to maturity does not change, the return on the bond each year will be equal to the yield to maturity. Confirm this for both a premium and a discount bond using a $4-$year $4\mathrm{.}6$ percent "coupon bond with annual coupon payments and a face value of $$1,000.$

a$.$ Assume the yield to maturity is $3\mathrm{.}6$ percent.

b$.$ Assume the yield to maturity is $5\mathrm{.}6$ percent.

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Assume the yield to maturity is $3\mathrm{.}6$ percent.

Note: Do not round intermediate$-$calculations. Enter "Bond price"$-$ answers to $2$ decimal places and "Rate of return" as a percent rounded to $1$ decimal place.

$\backslash$table$[[$Bond price today$],[$Bond price in one year$],[$Rate of return$]]$

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