Bond $J$ has a coupon rate of $5$ percent and Bond $K$ has a coupon rate of $11$ percent. Both bonds have $14$ years to maturity, make semiannual payments, and have a YTM of $8$ percent.

If interest rates suddenly rise by $2$ percent, what is the percentage price change of these bonds? $($Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Percentage change in price of Bond J

Percentage change in price of Bond K

What if rates suddenly fall by $2$ percent instead? $($Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.).$

Percentage change in price of Bond J

Percentage change in price of Bond K