Question: Please answer the below question ASAP for MBA 570 Corporate Finance. Thanks Suppose a 10-year, $1,000 bond with a 12% coupon rate and semiannual coupons

Please answer the below question ASAP for MBA 570 Corporate Finance. Thanks

Suppose a 10-year, $1,000 bond with a 12% coupon rate and semiannual coupons is trading for a price of $1,124.65.

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 10% APR, what will the bond's price be?

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

The YTM is %. (Round to two decimal places.)

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