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What will the? bonds price? be

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Suppose a 10?-year, $1,000 bond with a 8% coupon rate and semiannual coupons is trading for a price of $1,034.74.

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

Question b. If the? bond's yield to maturity changes to 9% ?APR, what will the? bond's price? be?

Reference no: EM132485418

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