Suppose a ten-year 1000 bond with an 82 coupon rate and


Suppose a? ten-year, $1,000 bond with an 8.2 % coupon rate and semiannual coupons is trading for $1,035.48.

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 9.2% ?APR, what will be the? bond's price?

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Financial Management: Suppose a ten-year 1000 bond with an 82 coupon rate and
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