Homework: Chapter 6 Homework Save Score: 0 of 1 pt 7 of 13 (10 complete) HW Score: 76.92%, 10 of 13 pts P 6-12 (similar to) Question Help Suppose a ten-year, $1,000 bond with an 8.3% coupon rate and semiannual coupons is trading for $1,035.59. 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 7.78 %. (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.7% APR, what will be the bond's price? The new price for the bond is $ . (Round to the nearest cent.)