Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 10 percent. Both bonds have 8 years to maturity, make semiannual payments, and have a YTM of 6 percent.

	If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond J?
	multiple choice 1 -18.31% -18.29% -17.31% -16.31%

	If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond K?
	multiple choice 2 -15.59% 33.09% -15.57% -13.59%

	If interest rates suddenly fall by 3 percent, what is the percentage price change of Bond J?
	multiple choice 3 23.20% 23.22% -18.33% -33.70%

	If interest rates suddenly fall by 3 percent, what is the percentage price change of Bond K?
	multiple choice 4 19.33% -15.61% 6.62% 19.45%

Someone please help me answer this: