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need quickly, will like!!!!! Suppose a ten-year $1,000 bond with an 8.9% coupon rate and semiannual coupons is trading for $1,034 34 a. What is
need quickly, will like!!!!!
Suppose a ten-year $1,000 bond with an 8.9% coupon rate and semiannual coupons is trading for $1,034 34 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 9,5% 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) b. If the bond's yield to maturity changes to 95% APR what will be the bond's price? The new price for the bond is $(Round to the nearest cent) Step by Step Solution
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