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Suppose a 10-year, bond with a 9% coupon rate and semiannual coupons is trading for a price of $1,083.48 . a. What is the bond's

Suppose a 10-year, bond with a 9% coupon rate and semiannual coupons is trading for a price of $1,083.48

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

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