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Suppose a 10-year, $ 1,000 bond with an 8.1 % coupon rate and semiannual coupons is trading for $ 1,034.85 a. What is the bond's

Suppose a 10-year, $ 1,000 bond with an 8.1 % coupon rate and semiannual coupons is trading for $ 1,034.85

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 to 9.3 % APR, what will be the bond's price?

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