Last year Bridget purchased a $1,000 face value corporate bond with an 8% annual coupon rate and a 30-year maturity. At the time of the purchase, it had an expected yield to maturity of 7.04%. If Bridget sold the bond today for $1,084.39, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places.

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QUESTION #2 -?

An investor purchased the following five bonds. Each bond had a par value of $1,000 and an 8% yield to maturity on the purchase day. Immediately after the investor purchased them, interest rates fell, and each then had a new YTM of 7%. What is the percentage change in price for each bond after the decline in interest rates? Fill in the following table. Enter all amounts as positive numbers. Do not round intermediate calculations. Round your monetary answers to the nearest cent and percentage answers to two decimal places. 10-year, 10% annual coupon 10-year zero 5-year zero 30-year zero $100 perpetuity Price @ 8% Price @ 7% $ Percentage Change %