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Bond J has a coupon rate of 6 percent. Bond K has a coupon rate of 12 percent. Both bonds have 7 years to maturity,

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Bond J has a coupon rate of 6 percent. Bond K has a coupon rate of 12 percent. Both bonds have 7 years to maturity, make semiannual payments, and have a YTM of 7 percent. If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond J? O-19.58% 0-17.58% 0-18.58% O-19.56% If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond K? 0-17.66% O 36.08% 0-17.68% 0 -15.68% If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond J? O 25.66% -23.97% O 25.68% O-19.60% If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond K? O 22.77% 0-17.70% O 5.79% O 22.89%

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