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Bond has a coupon rate of 3 percent. Bond has a coupon rate of 9 percent. Both bonds have 1 8 years to maturity, make
Bond has a coupon rate of percent. Bond has a coupon rate of percent. Both bonds have years to maturity, make semiannual payments, and have a YTM of percent. If interest rates suddenly rise by percent, what is the percentage price change of these bonds? What if rates suddenly fall by percent instead?
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