Suppose a 10-year, $1,000 bond with an 8.5% coupon rate and semi-annual coupons is trading for a price of $1,035.47. 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? a. What is the bond's yield to maturity (expressed as an APR with semi-annual compounding)? The bond's yield to maturity is 7.99 %. (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.7% APR, what will the bond's price be? The new price for the bond will be $(Round to the nearest cent.)