You buy an 9.3% coupon, paid annually, 12-year maturity bond for $935. A year later, the bond price is $1,035. Face value of the bond is $1,000.

a. What is the yield to maturity on the bond today? (Round your answer to 2 decimal places.)

Yield to maturity today %

What is the yield to maturity on the bond in one year? (Round your answer to 2 decimal places.)

Yield to maturity in one year %

b. What is your rate of return over the year? (Round your answer to 2 decimal places.)

Rate of return over the year %