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Bond C has a coupon of 5.2 percent. Bond D has a coupon of 9.2 percent. Both bonds have 15 years to maturity and have

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Bond C has a coupon of 5.2 percent. Bond D has a coupon of 9.2 percent. Both 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. 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? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Arial 14px A I. % E x X > TT +] HELP TT 79 2 . X EX E | 0 20

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