Problem 6-15 Bond Returns (LO2) You buy a bond for $982 that has a coupon rate of 7.80% and a maturity of 7 -years. A year loter, the bond price is $1,552. (Assume a face value of $1,000 and annual coupon poyments.) a. What is the new yleid to maturity on the bond? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. b. What is your rate of return over the year? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places