Question: Suppose a 1 0 - year, $ 1 0 0 0 bond with an 8 . 1 % coupon rate and semi - annual coupons

Suppose a10-year, $1000 bond with an 8.1% coupon rate and semi-annual coupons is trading for a price of $1,034.71.
a. What is the bond's yield to maturity(expressed as an APR with semi-annual compounding)?

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