answer a and b

Score: 0 of 1 pt 7 of 15 (3 complete) Problem 6-11 Suppose a 10-year $1.000 bond with an 8.5% coupon rate semi-annual coupons is trading for a price of $1,034.31. a. What is the bond's yield to maturity (expressed as an APR with semi-annual compounding)? b. If the bond's yield to maturity changes to 9.7% APR, what will the bond's price be? a. What is the bond's yield to maturity (expressed as an APR with semi-annual compounding)? The bond's yield to maturity is %. (Round to two decimal places.) Enter your answer in the answer box and then click Check