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 return is known as the holding period yield (HPY) a. Suppose that today you buy an annual coupon bond with a coupon rate of 8.4 percent for $825. The bond has 8 years to maturity and a par value of $1000 What rate of return do you expect to earn on your investment? (Do not round intermediate calculations and enter your answer os a percent rounded to 2 decimal places, e.g. 32.16.) Rate of return years from now, the YTM on your bond has declined by 1 percentage point and you decide to selt, b. What price will your bond sell for? (Do not round intermediate calculations and round your answer to 2 decimal places, eg. 32.10.) TWO Price What is the HPY on your investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Holding period yield %