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You buy a(n) 7.4% coupon, 5-year maturity bond for $976. A year later, the bond price is $1,136. Assume coupons are paid once a year

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You buy a(n) 7.4% coupon, 5-year maturity bond for $976. A year later, the bond price is $1,136. Assume coupons are paid once a year and the face value is $1,000 5 a. What is the new yield to maturity on the bond (one year from now)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) pints Yield to maturity Hint b. What is your bond's rate of return over the year? (Round your answer to 2 decimal places.) Print References Rate of return %

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