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answer these two questions separately please The yield to maturity of a $1,000 bond with a 6.9% coupon rate, semiannual coupons, and two years to

answer these two questions separately please image text in transcribed
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The yield to maturity of a $1,000 bond with a 6.9% coupon rate, semiannual coupons, and two years to maturity is 7.7% APR, compounded semiannualy. What is its price? The price of the bond is $ (Round to the nearest cent.) Suppose a ten-year, $1,000 bond with an 8.6% coupon rate and semiannual coupons is trading for $1,035.39. 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 %. (Round to two decimal places.)

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