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Bh will save this response. Question 1 of 24 Question 1 5 points There are two semi-annual bonds: Bond X and Bond Z. Bond X

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Bh will save this response. Question 1 of 24 Question 1 5 points There are two semi-annual bonds: Bond X and Bond Z. Bond X has a coupon of 5.2 percent. Bond Z has a coupon of 9.2 percent. Both bonds have 15 years to maturity and have a YTM of 74 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. If 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.) c-What is your conclusion

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