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Score: 0 of 1 pt 2 of 6 (0 complete) P6-6 (similar to) Suppose a 10-year, $1,000 bond with a 9% coupon rate and semiannual
Score: 0 of 1 pt 2 of 6 (0 complete) P6-6 (similar to) Suppose a 10-year, $1,000 bond with a 9% coupon rate and semiannual coupons is trading for a price of $932.73. 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% 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.)
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