One bond has a coupon rate of 8.2%, another a coupon rate of 9.6%. Both bonds pay interest annually, have 13-year maturities, and sell at a yield to maturity of 8.5%. a. If their yields to maturity next year are still 8.5%, what is the rate of return on each bond? (Do not round Intermediate calculations. Enter your answers as a percent rounded to 1 decimal place.) Bond 1 Bond 2 Rate of return b. Does the higher-coupon bandave a higher rate of een vernis period? ho General Matter's outstanding bond issue has a coupon rate of 8.4%, and it sells at a yield to maturity of 7,50%. The firm wishes to issue additional bonds to the public. What coupon rate must the new bonds offer in order to sell at face value? (Enter your answer as a percent rounded to 2 decimal places.) Coupon rate