What is the? bond yield to maturity?

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Suppose a? ten-year, $1,000 bond with an 8.1% coupon rate and semiannual coupons is trading for $1,035.56.

a. What is the? bond's yield to maturity? (expressed as an APR with semiannual? compounding)?

b. If the? bond's yield to maturity changes to 9.9% ?APR, what will be the? bond's price?

Reference no: EM132623331

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