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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,
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 7 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of Bond J? 0-11.15% 0-12.15% O-10.15% O-12.13% If interest rates suddenly rise by 2 percent, what is the percentage price change of Bond K? O 20.70% 0-10.77% 0-10.79% 0-8.79% If interest rates suddenly fall by 2 percent, what is the percentage price change of Bond J? O 14.17% 0-12.17% 0-28.09% O 14.19% If interest rates suddenly fall by 2 percent, what is the percentage price change of Bond K? O 12.50% O 1.00% 0-10.81% O 12.38%
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