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uppose a ten - year, $ 1 comma 0 0 0 bond with an 8 . 0 % coupon rate and semiannual coupons is trading
uppose a tenyear, $ comma bond with an coupon rate and semiannual coupons is trading for $ comma
a What is the bond's yield to maturityexpressed as an APR with semiannual compounding
b If the bond's yield to maturity changes to APR what will be the bond's price?
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Part
a What is the bond's yield to maturityexpressed as an APR with semiannual compounding
The bond's yield to maturity is
enter your response hereRound to two decimal places.
Part
b If the bond's yield to maturity changes to APR what will be the bond's price?
The new price for the bond is $
enter your response here. Round to the nearest cent.
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