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Bond J has a coupon rate of 2 . 1 percent and 5 year to maturity. It makes semiannual payments, and have a YTM of
Bond J has a coupon rate of percent and year to maturity. It makes semiannual payments, and have a YTM of percent. If interest rates suddenly rise by percent, what is the percentage price change of this bond?
If the bond price decreases, remember to include the minus sign in your response! Enter your answer as a percentage, omit the sign in your response, and enter your answer with two decimal places. For example, should be entered as
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