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Suppose a 1 0 - year, $ 1 , 0 0 0 bond with a ( n ) 7 % coupon rate and semiannual coupons
Suppose a year, $ bond with an coupon rate and semiannual coupons is trading for a price of $
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 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.
b If the bond's yield to maturity changes to APR, what will the bond's price be
The price is $ Round to the nearest cent.
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