45 Bond J has a coupon rate of 3 percent Bond K has a coupon rate of 12 percent Both bonds have 6 years to maturity, make semiannual payments, and have a YTM of 7 percent If interest rates suddenly rise by 5 percent, what is the percentage price change of Bond J O 20 81 O 22 81 O 21 81 22 79 If interest rates suddenly rise by 5 percent, what is the percentage price change of Bond K O 19 46 O 19 44 O36 01 O 17 46 If interest rates suddenly fall by 5 percent, what is the percentage price change of Bond J O 3773 30 91 O 30 93 O 22 83 If interest rates suddenly fall by 5 percent, what is the percentage price change of Bond K 1 00 OO 19 48 25 75 25 87

Question

45 Bond J has a coupon rate of 3 percent  Bond K has a coupon rate of 12 percent  Both bonds have 6 years to maturity, make semiannual payments, and have a YTM of 7 percent If interest rates suddenly rise by 5 percent, what is the percentage price change of Bond J  O 20 81  O 22 81  O 21 81   22 79  If interest rates suddenly rise by 5 percent, what is the percentage price change of Bond K  O 19 46  O 19 44  O36 01  O 17 46  If interest rates suddenly fall by 5 percent, what is the percentage price change of Bond J  O 3773  30 91  O 30 93  O 22 83  If interest rates suddenly fall by 5 percent, what is the percentage price change of Bond K  1 00  OO  19 48  25 75  25 87

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Question

45 Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 12 percent. Both bonds have 6 years to

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