Ruth Hornsby is looking to invest in a three-year bond that makes semiannual coupon payments at a rate of 5.625 percent. If these bonds have a market price of $970.68, what yield to maturity and effective annual yield can she expect to earn? (Round answer to 2 decimal places, e.g. 15.25%.)

Josh Kavern bought 10-year, 13.3 percent coupon bonds issued by the U.S. Treasury three years ago at $908.72. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $819.92, what is his realized yield on the bonds? Assume similar coupon paying bonds make annual coupon payments. (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, e.g. 15.25%.)