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Bond Y is a 4 % coupon bond and Bond Z is a 9 % coupon bond. They both have 5 years to maturity, make

Bond Y is a 4% coupon bond and Bond Z is a 9% coupon bond. They both have 5 years to maturity, make annual payments and have a YTM of 9%.
If interest rates suddenly increase by 1%, use the bond formula to calculate the percentage change in the price of Bond Z.

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