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Bond J is a bond with a coupon rate of 4 % . Bond K is a bond with a coupon rate of 1 0
Bond J is a bond with a coupon rate of Bond K is a bond with a coupon rate of Both bonds have a maturity of years, make semiannual payments, and have a yield to maturity of If interest rates suddenly increase by what is the percentage change in the price of these bonds? And if the rates suddenly decrease by What does this problem teach you about the interest rate risk of bonds with lower coupons? Points message please answer everything properly and with care! i found a result on chegg but it doesn't explain anything to me properly I count on you!
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