The YTM on a bond is the interest rate you earn on your investment if interest rates dont 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 8.2 percent for $845. The bond has 10 years to maturity and a par value of $1,000. What rate of return do you expect to earn on your investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Rate of return 10.75% Two years from now, the YTM on your bond has declined by 1 percentage point, and you decide to sell. b. What price will your bond sell for? (Do not round intermediate calculations and round your answer to 2decimal places, e.g., 32.16.) Price $ 922.5 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 %

I need the holding period yield. I entered 10.81% and tried 11.81% but they were wrong. Please give me the correct answer. Thanks