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Business, 19.11.2019 02:31 edfwef5024

Suppose a ten-year, $ 1,000 bond with an 8.4 % coupon rate and semiannual coupons is trading for $ 1 comma 034.94. 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 9.3 % apr, what will be the bond's price?

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Suppose a ten-year, $ 1,000 bond with an 8.4 % coupon rate and semiannual coupons is trading for $ 1...
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