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What is the? bond yield to maturity?

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Reference no: EM132645123

Suppose a? ten-year, $1,000 bond with an 8.7% coupon rate and semiannual coupons is trading for $1,034.89.a.b.

What is the? bond's yield to maturity? (expressed as an APR with semiannual? compounding)? Round to two decimal places

If the? bond's yield to maturity changes to 9.5% ?APR, what will be the? bond's price? Round to two decimal places

Reference no: EM132645123

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