Suppose a ten-year, $ 1 comma 000

$1,000 bond with an 8.2 %

8.2% coupon rate and semiannual coupons is trading for $ 1 comma 034.64

$1,034.64.

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 9.4 %

9.4% 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