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Suppose aten-year, $1,000 bond with an 8.3% coupon rate and semiannual coupons is trading for $1,035.87. a. What is thebond's yield to maturity(expressed as an

Suppose aten-year, $1,000 bond with an 8.3% coupon rate and semiannual coupons is trading for $1,035.87.

a. What is thebond's yield to maturity(expressed as an APR with semiannualcompounding)?

b. If thebond's yield to maturity changes to 9.5% APR, what will be thebond's price?

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