Two totally different questions , please help!!!

1. A bond has a face value of $1,000, a coupon of 6% paid annually, a maturity of 38 years, and a yield to maturity of 9%. What rate of return will be earned by an investor who purchases the bond for $679.28 and holds it for 1 year if the bonds yield to maturity at the end of the year is 11%? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Negative amount should be indicated by a minus sign.)

Rate of return

%

2. Consider two bonds, a 3-year bond paying an annual coupon of 6.40% and a 10-year bond also with an annual coupon of 6.40%. Both currently sell at face value of $1,000. Now suppose interest rates rise to 10%.

a.	What is the new price of the 3-year bonds? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Bond price

$

b.	What is the new price of the 10-year bonds? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Bond price

$