1) 5 pts. A zero-coupon bond will make a payment of $400 in September 2019, two years from today. The market price of the bond is $100. What is the yield on this bond, in percent?

_______________ percent

2) 5 pts. You buy a coupon bond that makes a coupon payment once a year. The price you pay for the bond is $50. The coupon payment is $10. The bond will mature 25 years from now. The face value of the bond is $90. You hold the bond for one year, receive one coupon payment, then sell the bond for $65. What rate of return did you receive?

_________________ percent