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Suppose a 10 year, bond with a coupon rate11% and semiannual coupons is trading for a price of $976.44. a. What is the bond's yield

Suppose a 10 year, bond with a coupon rate11% and semiannual coupons is trading for a price of $976.44. 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 10% 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)?

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