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Homework: Week3 Problem Set Score: 0 of 2 pts P6-6 (similar to) Save 5 of 12 (1 complete) Hw Score: 0%, 0 of 25 pts

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Homework: Week3 Problem Set Score: 0 of 2 pts P6-6 (similar to) Save 5 of 12 (1 complete) Hw Score: 0%, 0 of 25 pts Question Help Suppose a 10-year, $1,000 bond with a 12% coupon rate and semiannual coupons is trading for a price of $1,062.44. 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 8% APR, what will the bond's price be? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The YTM is L (Round to two decimal places) Enter your answer in the answer box and then click Check Answer. part remaining Clear All Check

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