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4.(12 marks) Bond TTT has 10 years to maturity and has a coupon rate of 12%. Bond ZZZ is comparable in risk to BOND TTT,

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4.(12 marks) Bond TTT has 10 years to maturity and has a coupon rate of 12%. Bond ZZZ is comparable in risk to BOND TTT, is trading at par, has 15 years to maturity has a coupon rate of 10%. If interest rates increase by 1.5%, what is the 4.(12 marks) Bond TTT has 10 years to maturity and has a coupon rate of 12%. Bond ZZZ is comparable in risk to BOND TTT, is trading at par, has 15 years to maturity has a coupon rate of 10%. If interest rates increase by 1.5%, what is the

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