Bond J has a coupon rate of 4 percent. Bond K has a coupon rate of 9 percent. Both bonds have 8 years to maturity, make semiannual payments, and have a YTM of 9 percent.

Bond J has a coupon rate of 4 percent. Bond K has a coupon rate of 9 percent. Both bonds have 8 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? 0-21.07% 0 -20.07% 0-22.07% 0-22.05% If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond K? 0 -19.54% 0-17.54% O-19.52% O 20.70% If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond J? O 29.98% 0-22.09% O 29.96% O-43.95% If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond K? O 25.99% -19.56% 0-18.54% O 26.11%