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Suppose a ten-year, $1000 bond with an 8.4% coupon rate and semi-annual coupons is trading for a price of $1034.48. a. What is the bond's

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Suppose a ten-year, $1000 bond with an 8.4% coupon rate and semi-annual coupons is trading for a price of $1034.48. a. What is the bond's yield to maturity (expressed as an APR with semi-annual compounding)? b. If the bond's yield to maturity changes to 9.1%APR, what will the bond's price be? a. The bond's yield to maturity is \%. (Enter your response as a percent rounded to two decimal places.) b. The new price for the bond is $ (Round to the nearest cent.)

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