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37 Bond J has a coupon rate of 5 percent. Bond K has a coupon rate of 10 percent. Both bonds have 9 years to

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37 Bond J has a coupon rate of 5 percent. Bond K has a coupon rate of 10 percent. Both bonds have 9 years to maturity, make semiannual payments, and have a YTM of 8 percent. If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond J? 01:13:54 -18.21% 0 -16.21% 0-17.21% 0-18.19% If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond K? O 26.41% -16.23% 0 -14.23% -16.21% If interest rates suddenly fall by 3 percent, what is the percentage price change of Bond J? 23.42% 23.44% 0 -18.23% 33.74% If interest rates suddenly fall by 3 percent, what is the percentage price change of Bond K? 20.49% 0-16.25% 20.61% 0.4.62%

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