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Suppose a 10 -year, $1,000 bond with a 9% coupon rate and semiannual coupons is trading for a price of $903.42. a. What is thebond's

Suppose a 10-year, $1,000 bond with a 9% coupon rate and semiannual coupons is trading for a price of $903.42.

a. What is thebond's yield to maturity(expressed as an APR with semiannualcompounding)?

b. If thebond's yield to maturity changes to 8% APR, what will thebond's pricebe?

The YTM is what %?

(Round to two decimalplaces.)

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