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Fredy FIN320 05_Fall2019_MonWed_4pm Homework: Chapter 6 Homework 5 of 11 (3 complete) Score: 0 of 1 pt P 6-12 (similar to) Suppose a ten-year, $1,000
Fredy FIN320 05_Fall2019_MonWed_4pm Homework: Chapter 6 Homework 5 of 11 (3 complete) Score: 0 of 1 pt P 6-12 (similar to) Suppose a ten-year, $1,000 bond'with an 8.3% coupon rate and semiannual coupons is trading for $1,034.48. 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 9.7% 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.) cril t An 3,8 FV FV Enter your answer in the answer box and then click Check
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