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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 4%. Bond K is a bond with a coupon rate of 10%. Both bonds have a maturity of 8 years, make semi-annual payments, and have a yield to maturity of 9%. If interest rates suddenly increase by 2%, what is the percentage change in the price of these bonds? And if the rates suddenly decrease by 2%? What does this problem teach you about the interest rate risk of bonds with lower coupons? (5 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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