Question: Suppose a 1 0 - year, $ 1 , 0 0 0 bond with a 1 2 % coupon rate and semiannual coupons is trading

Suppose a 10-year, $1,000 bond with a 12% coupon rate and semiannual coupons is trading for a price of $ 942.21. Suppose a 10-year, $1,000 bond with a 12% coupon rate and semiannual coupons
is trading for a price of $942.21.
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.)
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?
 Suppose a 10-year, $1,000 bond with a 12% coupon rate and

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