Problem 14-23 A 2-year bond with par value $1,000 making annual coupon payments of $106 is priced at $1,000. a. What is the yield to maturity of the bond? (Round your answer to 1 decimal place.) Answer is complete and correct. Yield to maturity 10.6 % b. What will be the realized compound yield to maturity if the 1-year interest rate next year turns out to be (i) 10%, (ii) 12%, (iii) 14%? (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Realized YTM 10% 12% 8.07 8.15 7.62 % % % 14%