Question: Suppose a 1 0 - year, $ 1 0 0 0 bond with an 8 % coupon rate is trading for a price of $

Suppose a 10-year, $1000 bond with an 8% coupon rate is trading for a price of $1034.74.a) What is the bonds yield to maturity?b) If the bonds yield to maturity changes to 9%, what will the bonds price be?

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