Suppose a 10-year, $1,000 bond with an 8.7% coupon rate and semi-annual coupons is trading for a price of $1,034.97 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 9.9% 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 %. (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.9% APR, what will the bond's price be? The new price for the bond will be $ (Round to the nearest cent) The yield to maturity of a $1,000 bond with a 7.5% coupon rate, semi-annual coupons, and two years to maturity is 8.8% APR. compounded semi-annually. What must its price be? The price of the bond is $(Round to the nearest cent)