Bond J is a 4.2 percent coupon bond. Bond K is a 8.2 percent coupon bond. Both bonds have 10 years to maturity and have a YTM of 6 percent.

a.	Assume if interest rates suddenly rise by 1 percent, what is the percentage price change of these bonds? (Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Bond J	%
Bond K	%

b.	Assume if interest rates suddenly fall by 1 percent, what is the percentage price change of these bonds? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Bond J	%
Bond K	%