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2, Bond J has a coupon rate of 5.6 percent. Bond Khas a coupon rate of 15.6 percent. Both bonds have nine years to maturity,

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2, Bond J has a coupon rate of 5.6 percent. Bond Khas a coupon rate of 15.6 percent. Both bonds have nine years to maturity, a par value of $1,000, and a YTM of 12.2 percent, and both make semiannust payments. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds? b. If interest rates suddenly fall by 2 percent instead, what is the percentage change in the price of these bonds? 3. Consider four different stocks, all of which have a required return of 18.75 percent and a most recent dividend of 83 20 per share. Stocks W, X, and Y are expected to maintain constant growth rates in dividends for the foreseeable future of 10 percent, 0 percent, and 5 percent per year, respectively. Stock Z is a growth stock that will increase its dividend by 20.75 percent for the next two years and then maintain a constant 12 percent growth rate, thereafter. What is the price for each of these four stocks

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