Suppose a $10-$year, $$1,000$ bond with an $8\mathrm{.}4\%$ coupon rate and semi$-$annual coupons is trading for a price of $$1,035\mathrm{.}88.$

a$.$ What is the bond's yield to maturity $($expressed as an APR with semi$-$annual compounding$)?$

b$.$ If the bond's yield to maturity changes to $9\mathrm{.}7\%$ APR, what will the bond's price be$?$

a$.$ What is the bond's yield to maturity $($expressed as an APR with semi$-$annual compounding$)?$

The bond's yield to maturity is $,\%.($Round to two decimal places.$)$

b$.$ If the bond's yield to maturity changes to $9\mathrm{.}7\%$ APR, what will the bond's price be$?$

The new price for the bond will be $$.($Round to the nearest cent.$)$