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All answers must be enterted as a formula. Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9

All answers must be enterted as a formula.
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Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 19 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of theser bonds? What if rates suddenly fall by 2 percent instead? All bond price answers shoulobe dollar prices. Complete the following analysis. Do not hard code values in your calculations. Leave the "Basls" input btank in the function. All bond prices should be in dollars. You must use the built-in Excel function to answer the bond price questions. Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. All bond prices should bo in dollars. You must use the built-in Excel function to answer the bond price questions

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