What is the rate of return on each bond

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Reference no: EM131819316

One bond has a coupon rate of 7.2%, another a coupon rate of 9.1%. Both bonds pay interest annually, have 8-year maturities, and sell at a yield to maturity of 8%.

a. If their yields to maturity next year are still 8%, what is the rate of return on each bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 1 decimal place.)

Reference no: EM131819316

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