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Suppose a 10 -year, $1,000 bond with an 8.7% coupon rate and semi-annual coupons is trading for a price of $1,035.25. a. What is the

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Suppose a 10 -year, $1,000 bond with an 8.7% coupon rate and semi-annual coupons is trading for a price of $1,035.25. 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 9.7% APR, what will the bond's price be

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