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Suppose a ten-year, $1,000 bond with an 8 2% coupon rate and semiannual coupons is trading for $1.034 43. a. What is the bond's yield

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Suppose a ten-year, $1,000 bond with an 8 2% coupon rate and semiannual coupons is trading for $1.034 43. 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 9.9% 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 (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer part remaining

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