part A and B

Suppose a 10 -year, $1,000 bond with a 8% coupon rate and semiannual coupons is trading for a price of $1,022.69. 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 10% 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 \%. (Round to two decimal places.)