Suppose a $10-$year, $$1,000$ bond with a coupon rate of $8\mathrm{.}8\%$ and semiannual coupons is trading for $$1,035\mathrm{.}35.$a$.$ 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 $9\mathrm{.}8\%$ APR, what will be the bond's price?a$.$ What is the bond's yield to maturity $($expressed as an APR with semiannual compounding$)?$The bond's yield to maturity is$($Round to two decimal places.$)$b$.$ If the bond's yield to maturity changes to $9\mathrm{.}8\%$ APR, what will be the bond's price?The new price for the bond is $ $($Round to the nearest cent.$)$