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Bond J has a coupon of 5 . 8 percent. Bond K has a coupon of 9 . 8 percent. Both bonds have 1 5
Bond J has a coupon of percent. Bond has a coupon of percent. Both bonds have years to maturity and have a YTM of percent. a If interest rates suddenly rise by percent, what is the percentage price change of these bonds? Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places. Answer is complete but not entirely correct. b If interest rates suddenly fall by percent, what is the percentage price change of these bonds? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places. Answer is complete but not entirely correct.
Bond J has a coupon of percent. Bond has a coupon of percent. Both bonds have years to maturity and have a YTM of
percent.
a If interest rates suddenly rise by percent, what is the percentage price change of these bonds?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a
percent rounded to decimal places.
Answer is complete but not entirely correct.
b If interest rates suddenly fall by percent, what is the percentage price change of these bonds?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
Answer is complete but not entirely correct.
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