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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 1 9 years to
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? All bond price answers should be dollar prices.
tableBond :Coupon rate,
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