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Suppose a ten-year, $1000 bond with an 8.2% coupon rate and semiannual coupons is trading for $1,034.95. a. What is the bonds yield to maturity

Suppose a ten-year, $1000 bond with an 8.2% coupon rate and semiannual coupons is trading for $1,034.95.

a. What is the bonds yield to maturity (expressed as an APR with semiannual compounding)?

b. If the bonds yield to maturity changes to 9.3% APR, what will be the bonds price?

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