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Suppose a ten-year, $ 1,000 bond with an 8.1 % coupon rate and semiannual coupons is trading for $ 1, 035.42. a. What is the

Suppose a ten-year, $ 1,000 bond with an 8.1 % coupon rate and semiannual coupons is trading for $ 1, 035.42.

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

b. If the bond's yield to maturity changes to 9.6 % APR, what will be the bond's price? (round to the nearest cent)

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