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Suppose a ten-year, bond with an coupon rate of 8.9% and semiannual coupons is trading for 1,034.23. a. What is the bond's yield to maturity

Suppose a ten-year, bond with an coupon rate of 8.9% and semiannual coupons is trading for 1,034.23.

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 9.4 APR, what will be the bond's price?

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