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Bond J has a coupon rate of 4 percent. Bond K has a coupon rate of 11 percent. Both bonds have 8 years to maturity,

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Bond J has a coupon rate of 4 percent. Bond K has a coupon rate of 11 percent. Both bonds have 8 years to maturity, make semiannual payments, and have a YTM of 8 percent If Interest rates suddenly rise by 5 percent, what is the percentage price change of Bond J? -26.93% 0-24.93% 0-26.91% 0-25.93% If interest rates suddenly rise by 5 percent, what is the percentage price change of Bond K? -23.19% 0-23.17% 0-21.19% O 36.11% If Interest rates suddenly fall by 5 percent, what is the percentage price change of Bond J? O-43.95% O 39.60% 39.58% -26.95% If Interest rates suddenly rise by 5 percent, what is the percentage price change of Bond K3 23.19% 23.17% 0-21.19% O 36.11% If Interest rates suddenly fall by 5 percent, what is the percentage price change of Bond J? 043.95% 0 39.60% O 39.58% -26.95% If interest rates suddenly fall by 5 percent, what is the percentage price change of Bond K? 0-23.21% 33.1296 0 33 2498 -8.77% Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of 1,000, 11 years to maturity, and a coupon rate of 7 percent paid annually. If the yield to maturity is 10 percent, what is the current price of the bond

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