Question: Suppose a 1 0 - yeat, $ 1 , 0 0 0 bond with a coupon rate of 8 % and semiannual coupons is trading

Suppose a 10-yeat, $1,000 bond with a coupon rate of 8% and semiannual coupons is trading for a price of $1,162,45.
a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding?
b. It the bond's yield to maturity changes to 9% APR, what will the bond's price be?
Suppose a 1 0 - yeat, $ 1 , 0 0 0 bond with a

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