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Bond J has a coupon rate of 6 percent. Bond K has a coupon rate of 10 percent. Both bonds have 8 years to maturity,

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Bond J has a coupon rate of 6 percent. Bond K has a coupon rate of 10 percent. Both bonds have 8 years to maturity, make semiannual payments, and hove a YTM of 7 percent. If interest rates suddenly rise by 2 percent, what is the percentoge price change of Gond J ? 9.50%10.50%11.48%11.50% If interest rates suddenly rise by 2 petcent, what is the percentage price change of Bond K? 8.60%10.58%10.60%24.61% If interest rates suddenly fall by 2 percent, what is the percentage price change of Bond J? 16.85%11.52%13.38%13.36% If interest rotes suddenly fall by 2 percent, what is the percentage price change of Bond K ? 12.27% 1215% 6.62% 1062%

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