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Suppose a 1 0 - year, $ 1 comma 0 0 0 bond with an 8 . 0 % coupon rate and semi - annual
Suppose ayear, $ comma bond with an coupon rate and semiannual coupons is trading for a price of $ comma
a What is the bond's yield to maturityexpressed as an APR with semiannual compounding
b If the bond's yield to maturity changes to APR what will the bond's price be
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a What is the bond's yield to maturityexpressed as an APR with semiannual compounding
The bond's yield to maturity is
enter your response hereRound to two decimal places.
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