One bond has a coupon rate of 7%, another a coupon rate of 8.5%. Both bonds have 11-year maturities and sell at a yield to maturity of 8%. a. If their yields to maturity next year are still 8%, what is the rate of return on each bond? (Do not round intermediate calculations. Round your answers to 1 decimal place.)

Rate of Return

Bond 1 (7%)

Bond 2 (8.5%)