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Bond J has a coupon rate of 4 percent. Bond K has a coupon rate of 12 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 12 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? 0-20.07% 0-21.07% 0-22.07% -22.05% If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond K? -18.58% -16.60% O 31.36% -18.60% If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond J? If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond J? 29.98% 29.96% -43.95% 0-22.09% If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond K? 24.68% -18.62% O 24.56% 0-3.88%

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