You own a bond with an annual coupon rate of 7% maturing in two years and priced at 86%. Suppose that there is a 10% chance that at maturity the bond will default and you will receive only 44% of the promised payment. Assume a face value of $1,000. What is the bonds promised yield to maturity? = 15.69% What is its expected yield (i.e., the possible yields weighted by their probabilities)? this needs to be a % I only need the answer to this one Note: Enter your answers as a percent rounded to 2 decimal places