Bond J has a coupon of 78 percent. Bond K has a coupon of 11.8 percent. Both bonds have 12 years to maturity and have a YTM of 8.7 percent a. If interest rates suddenly rise by 2.4 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.) Answer is complete but not entirely correct. % in Price Bond J 2.02 Bond 3.08 b. If interest rates suddenly foll by 2.4 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.) Answer is complete but not entirely correct. % in Price Band (2.10) Bond K (3.07) Bond J has a coupon of 78 percent. Bond K has a coupon of 11.8 percent. Both bonds have 12 years to maturity and have a YTM of 8.7 percent a. It interest rates suddenly rise by 2.4 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.) Bond Bond K % In Price 2021% 3.00 b. If interest rates suddenly fall by 2.4 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.) % in Price Bond Bond K 12.10) (3.07) -