Suppose a 1 0 year, $ 1 0 0 0 bond with a coupon rate of 8

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Question:

Suppose a

10

year,

1000

bond with a coupon rate of

8.0 %

and semiannual coupons is trading for

1034.74

.

What is the

bond's yield to maturity

(

expressed as an APR with semiannual

compounding

) ?

.

If the

bond's yield to maturity changes to

9.0 % 9.0 %

APR

,

what will be the

bond's price?

Posted Date: May 19, 2024 02:11 AM

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Suppose a 1 0 year, $ 1 0 0 0 bond with a coupon rate of 8

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