Question: please highlight the answer and type it Suppose a ten-year, $1,000 bond with an 8.3% coupon rate and serhiannual coupons is trading for $1,034.47. a.

please highlight the answer and type it

Suppose a ten-year, $1,000 bond with an 8.3% coupon rate and serhiannual coupons is trading for $1,034.47. 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 9.5% APR, what will be the bond's price? a. What ie the bond'e yieid to maturity (expressed as an APR with semiannual compounding)? The bondie yield to maturity is \%6. (Round to two decimal places.) b. If the bond'n yield to maturity changes to 9.5% APR, what will be the bond's price? The new price for the bond in $ (Round to the nearest cent.)

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