What is the bonds yield to maturity expressed as an apr


Suppose a? ten-year, $1,000bond with an 8.2% coupon rate and semiannual coupons is trading for $1,035.01.

a. What is the? bond's yield to maturity? (expressed as an APR with semiannual? compounding)?

The? bond's yield to maturity is _____?%. (Round to two decimal? places.)

b. If the? bond's yield to maturity changes to 9.9% ?APR, what will be the? bond's price?The new price for the bond is ?$___________.

?(Round to the nearest? cent.)

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Financial Management: What is the bonds yield to maturity expressed as an apr
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