Please just solve #26

Excel 12. Suppose a 10-year, $1000 bond with an 8% coupon rate and semiannual coupons is frading for $1034.74. a. What is the bond's yield to maturity (expressed as an APR with semiannual com- pounding)? b. If the bond's yield to maturity changes to 9% APR, what will the bond's price be? Corporate Bonds 26. The following table summarizes the yields to maturity on several one-year, zero- coupon securities: Security Yield (%) Treasury 3.1 AAA corporate 3.2 BBB corporate 4.2 B corporate 4.9 a. Wilat is the price (expressed as a percentage of the face value) of a one-year, zero- coupon corporate bond with an AAA rating? b. What is the credit spread on AAA-rated corporate bonds? c. What is the credit spread on B-rated corporate bonds? d. How does the credit spread change with the bond rating? Why