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Bond Sam and Bond Dave both have 9 percent coupon bonds outstanding, with semiannual interest payments, and both are priced at par value. Bond Sam

Bond Sam and Bond Dave both have 9 percent coupon bonds outstanding, with semiannual interest payments, and both are priced at par value. Bond Sam bond has four years to maturity, whereas the Bond Dave bond has 15 years to maturity.
If interest rates were to suddenly fall by 2 percent instead, what would the percentage change in the price of these bonds be then?

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