Please answer questions a-b2!! :)

Problem 7-30 Holding Period Yield (LO2) The YTM on a bond is the interest rate you eam on your investment if interest rates don't change. If you actually sell the bond before it matures, your realized ceturn is known as the holding period yleid (PPY). (Round the final answers to 2 decimal places.) a. Suppose that today you buy an 8.6% annual coupon bond for $1,120. The bond has 19 years to maturity. What rate of retum do you expect to earn on your investment? Expected rate of retum b-1. Two years from now, the YTM on your bond has declined by K, and you decide to sell. What price will your bond sell for? (Omit $ slgn in your response.) Bond price b.2. What is the HPY on your investment? HPY %