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Bond A has a 4% coupon and Bond B has a 9% coupon. Both have yields of 7%, pays semiannually, and 4 years to maturity.
Bond A has a 4% coupon and Bond B has a 9% coupon. Both have yields of 7%, pays semiannually, and 4 years to maturity. What is the percentage change in each bond if yield increases by 2%?
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