7.) The yield to maturity of a $ 1,000 bond with a 6.7 % coupon rate, semiannual coupons, and two years to maturity is 7.7 % APR, compounded semiannually. What is its price? The price of the bond is $ __

8.) Suppose a ten-year, $ 1 comma 000 bond with an 8.4 % coupon rate and semiannual coupons is trading for $ 1 comma 035.89. 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 9.4 % APR, what will be the bond's price? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The bond's yield to maturity is __%