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Bond Orion and Bond Vega both feature a coupon rate of 9 per cent, make semiannual payments, and are priced at par value. Bond Orion

Bond Orion and Bond Vega both feature a coupon rate of 9 per cent, make semiannual payments, and are priced at par value. Bond Orion has 3 years to maturity, while Bond Vega has 20 years to maturity. (Do not round intermediate steps. Round your answers to 2 decimal places (e.g.,32.16). The program includes a margin of error of +/1%. Negative values should be indicated by a minus sign.)
Requirement 1:
If interest rates suddenly rise by 2 per cent, what is the percentage change in the price of Bond Orion?
Percentage change
%
Requirement 2:
If interest rates suddenly rise by 2 per cent, what is the percentage change in the price of Bond Vega?
Percentage change
%
Requirement 3:
If rates were to suddenly fall by 2 per cent instead, what would the percentage change in the price of Bond Orion be then?
Percentage change
%
Requirement 4:
If rates were to suddenly fall by 2 per cent instead, what would the percentage change in the price of Bond Vega be then?
Percentage change
%

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