You buy a bond for $946 that has a coupon rate of 5.40% and a maturity of 7-years. A year later, the bond price is $1,056. (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 anser as a percent rounded to 2 decimal places.) Rate of return %