The YTM on a bond is the interest rate you earn on your investment if interest rates dont changeIf you actually sell the bond before it matures , your realized is known as the holding period yield (HPY) a Suppose that today you buy a bond with an annual coupon rate of 6 percent for $ 1,080. The bond has 13 years to maturity What rate of return do you expect to earn on your investment? Assume a par value of $ 1,000. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places e.g. 32.16.) . years from now the YTM on your bond has declined by 1 percent and you decide to sell What price will your bond sell for (Do not round intermediate calculations and round your answer to 2 decimal places 32.16.) 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)