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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 $1,03438 a. What is the bond's

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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 $1,03438 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 9.6% 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 9.6%APR, what will the bond's price be? The new price for the bond will be $ (Round to the nearest cent)

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