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Bond J is a 3 Percent coupon bond. Bond K is a 12 percent coupon bond. Both bonds have 9 years to maturity, make semiannual

Bond J is a 3 Percent coupon bond. Bond K is a 12 percent coupon bond. Both bonds have 9 years to maturity, make semiannual payments, and have a YTM of 9 percent.

A. If interest rate suddenly rise by 5 percent, what is the percentage price change of Bond J?

B. It interest rates suddenly rise by 5 percent, what is the percentage price change of Bond K?

C. if interest rates suddenly fall by 5 percent, what is the percentage price change of Bond J?

D. If interest rates suddenly fall by 5 percent, what is the percentage price change of Bond K?

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