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Suppose a ten-year, $1,000 bond with an 87% coupon rate and semaanuat coupons is trading for $1,03486 a. What is the bond's yield to maturity

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Suppose a ten-year, $1,000 bond with an 87% coupon rate and semaanuat coupons is trading for $1,03486 a. What is the bond's yield to maturity (expressed as an APR with somiannual compounding)? b. If the bond's yeld to maturity chanpos to 95%.PPR, what will be the bond's price? a. What is the bond's yeld to maturity (expressed as an APR with semiennual compounding)? The bond's yield to maturity is \%. (Round to two docimal places.) b. If the bond's yeid to maturity changes to 9.5%APR, what will be the bond's pnce? The new price for the bond is s (Round to the noarest cent)

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