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Bond J is a 3.8% coupon Bond. Bond K is a 9.8% coupon bond. Both have 15 years to maturity. Made semi annual payments and
Bond J is a 3.8% coupon Bond. Bond K is a 9.8% coupon bond. Both have 15 years to maturity. Made semi annual payments and YTM is 6.8% . If interest rate increase by 2% , what is the % price change in bonds.
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