You buy a bond for $$979$ that has a coupon rate of $7\mathrm{.}60\%$ and a maturity of $6-$years. A year later, the bond price is $$1,144.($Assume a

face value of $$1,000$ and annual coupon payments.$)$

a$.$ What is the new yield to maturity on the bond? $($Do not round intermediate calculations. Enter your answer as a percent rounded

to $2$ decimal places.$)$

Yield to maturity

b$.$ What is your rate of return over the year? $($Do not round intermediate calculations. Enter your answer as a percent rounded to $2$

decimal places.$)$

Rate of return