Suppose a five$-$year, $$1,000$ bond with annual coupons has a price of $$899\mathrm{.}67$ and a yield to maturity of $6\mathrm{.}4\%.$ What is the bond's coupon rate?

The bond's coupon rate is $\%.($Round to three decimal places.$)$Suppose a ten$-$year, $$1,000$ bond with an $8\mathrm{.}5\%$ coupon rate and semiannual coupons is trading for $$1,035\mathrm{.}83.$

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 $9\mathrm{.}4\%$ 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.$)$