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Bond J is a 5.4 percent coupon bond. Bond S is a 15.4 percent coupon bond. Both bonds have twelve years to maturity, and make

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Bond J is a 5.4 percent coupon bond. Bond S is a 15.4 percent coupon bond. Both bonds have twelve years to maturity, and make semiannual payments. If interest rates suddenly change by +3%, what is the percentage change in the price of bond S? Below 0% 2) Between 0.00% and +5.00% 3) Between +5.01% and +10.00% 4) Between +10.01% and +15.00% 5) Between +15.01% and- 20.00%

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