Suppose you just purchased a bond with 19 years to maturity that pays an annual coupon of $36.00 and is selling at par. Calculate the one-year holding period return for each of these two cases:
a. The yield to maturity is 5.10% one year from now. (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.) HPR %
b. The yield to maturity is 2.30% one year from now. (Round your answer to 4 decimal places.) HPR %