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Suppose a ten-year, $1,000 bond with an 8,8% coupon rate and semiannual coupons is trading for $1,035 33 a. What is the bond's yield to

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Suppose a ten-year, $1,000 bond with an 8,8% coupon rate and semiannual coupons is trading for $1,035 33 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 9.8% APR, what will be the bond's price? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The band's yield to maturity is % (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.8% APR, what will be the bond's price? The new price for the bord is $(Round to the nearest cent.) Enter your answer in each of the answer boxes 2 3 % 5 6 - Q. WE R T Y Want A as DS

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