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I do not know how to do problem 8. Can you please show your work on how you get the answer

File Edi1 View History Bookmarks People Window Help a 6 48%[1I )Ii a" Thu3:29PM Q 0 ® 0 /II w—mwn-Lme wwwwfin mean: 990: ”PM-31°? :xyll Quins-mama Mia swimmfiu’mlwwfifl Wm ,(— C l 9 Secure hltpe:l.t‘canves.unl.ldufcoursesfl4361/quizzasl22343ftaka fil 6 ® Question 7 1 pts You buy a 8 year. 11% coupon hand when it has a current yield of 7%. 1 year later,you sell the hand at a YTM of 956. What is your 1 year rate of return on thisinvestment? Answer to 4 decimal places, for exampEe 0.1974. 0.0700 {£53I Question 8 1 pl: A 9 veer bond with a YTM of 12% sells for Par. if you buy the bond today and then5 Hell it next year at a YTM of 5%, what is your rate of mmm on this investment?Answer to 4 decimal places. for example 0.1745. C-> Commons G) Help Question 9 What is the YTM of a 13 year, 9% mupun bond that sells for $1,050?