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5 points There are two semi-annual bonds Bond X and Bond Z. Bond X has a coupon of 5.2 percent Bond 2 has a coupon

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5 points There are two semi-annual bonds Bond X and Bond Z. Bond X has a coupon of 5.2 percent Bond 2 has a coupon of 92 percent Bith bonds have 15 years to maturity and have a YTM of 7.4 percent a. If interest rates suddenly rise by 1.6 percent, what is the percentage price change of these bonds? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places) b. it interest rates suddenly fall by 1.6 percent, what is the percentage price change of these bonds? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places) e- What is your conclusion

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