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ng 2023 mework Question 7, P 6-12 (similar to) Part 1 of 2 HW Score: 0%, 0 of 1= Points: 0 of 1 Suppose
ng 2023 mework Question 7, P 6-12 (similar to) Part 1 of 2 HW Score: 0%, 0 of 1= Points: 0 of 1 Suppose a ten-year, $1,000 bond with an 8.5% coupon rate and semiannual coupons is trading for $1,035.56. 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 9.1% 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.)
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