Refer to Table $10-1,$ which is based on bonds paying $10$ percent interest for $20$ years. Assume interest rates in the market $($yield to maturity$)$ decline from $16$ percent to $6$ percent.

What is the bond price at $16$ percent?

What is the bond price at $6$ percent?

What would be your percentage return on investment if you bought when rates were $16$ percent and sold when rates were $6$ percent?

Note: Do not round intermediate calculations. Input your answer as a percent rounded to $2$ decimal places.