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Suppose a ten-year, $1,000 bond with an 8.6% coupon rate and semiannual coupons is trading for $1,034.32 a. What is the bond's yield to maturity

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Suppose a ten-year, $1,000 bond with an 8.6% coupon rate and semiannual coupons is trading for $1,034.32 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 9.6% APR, what will be the bond's price? gre 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.) gress

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