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You buy an 9.5% coupon, paid annually, 14-year maturity bond for $945. A year later, the bond price is $1,025. Face value of the bond

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You buy an 9.5% coupon, paid annually, 14-year maturity bond for $945. A year later, the bond price is $1,025. 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

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