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Finance Questions Please help: Q1: Suppose aten-year, $1,000 bond with an 8.5% coupon rate and semiannual coupons is trading for $1,035.78 . a. What is

Finance Questions Please help:

Q1:

Suppose aten-year, $1,000 bond with an 8.5% coupon rate and semiannual coupons is trading for $1,035.78.

a. What is thebond's yield to maturity(expressed as an APR with semiannualcompounding)?

b. If thebond's yield to maturity changes to 9.5% APR, what will be thebond's price?

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