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please show all work and equations and ill rate thumbs up! thank you! 7. (10 points) Computational Your bank offers you a savings account that

image text in transcribed please show all work and equations and ill rate thumbs up! thank you!
7. (10 points) Computational Your bank offers you a savings account that pays at 1.1% per quarter. a. (5 points) You purchased a 7% coupon bond one year ago for $1,050. You sell the bond today for $990. What was your return? b. (5 points) A stock was priced at $20.62 at the beginning of the year and $22.97 at the end of the year. The company also paid a dividend of $0.15 per share. What was the total return for the year

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