a. PV = -980
FV = 1000
PMT = 1000 * 0.08 = 80
N = 10
CPT I/Y
I/Y = 8.3021334
Yield to amturity = 8.30%
b. Now, witn N = 5
I/Y = 8.3021334
PMT = 80
FV = 1000
CPT PV
PV = -988.032142
The price of the bond now is $988.03
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