1. Syschar Wells has a 6% nominal rate bond with a face value of $1,000. The inflation rate for the company's region is currently estimated at 3.5%. The real rate of rerturn on these bonds is ______%.
2. Belshazzar Stone bond has a face value of $1000 and a current market price of $1,077.95. The bond has a 6% coupon rate. The current yield on this bond is _______%.