Suppose a ten$-$year, $$1,000$ bond with an $8\mathrm{.}9\%$ coupon rate and semiannual coupons is trading for $$1,035\mathrm{.}05.$

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 $9\mathrm{.}4\%$ APR, what will be the bond's price?

a$.$ What is the bond's yield to maturity $($expressed as an APR with semiannual compounding$)?$

The bond's yield to maturity is $8\mathrm{.}38\%.($Round to two decimal places.$)$

b$.$ If the bond's yield to maturity changes to $9\mathrm{.}4\%$ APR, what will be the bond's price?

The new price for the bond is $$.($Round to the nearest cent.$)$