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Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 9 years to maturity,
Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 9 years to maturity, make semiannual payments, and have a YTM of 9 percent. If Interest rates suddenly rise by 4 percent, what is the percentage price change of Bond J? -24.67% -22.69% -23.69% 0-24.69% If Interest rates suddenly rise by 4 percent, what is the percentage price change of Bond K? 0 -20.86% -18.86% -20.84% O 22.30% If Interest rates suddenly fall by 4 percent, what is the percentage price change of Bond J? 0-52.16% O 34.83% O 34.81% -24.71% If Interest rates suddenly fall by 4 percent, what is the percentage price change of Bond K? O 28.71% 0 -19.86% -20.88% O 28.59%
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