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Both Band Sam and Band Dave have 8 percent coupons , make semiannual payments , and are priced at par value . Bond Sam has

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Both Band Sam and Band Dave have 8 percent coupons , make semiannual payments , and are priced at par value . Bond Sam has 3 years to maturity , whereas Bond Dave has 19 years to maturity . ( Do not round your intermediate calculations . !' Requirement 1 : ( a) If interest rates suddenly rise by 5 percent , what is the percentage change in the price* of Bond Sam ?" ( Click to select!*\ ( b )If interest rates suddenly rise by 5 percent , what is the percentage change in the price* of Bond Dave ? ( Click to select !* Requirement 2 . ( a)If rates were to suddenly fall by 5 percent instead , what would the percentage change* in the price of Bond Sam be then ?" ( Click to select ! " ( b) If rates were to suddenly fall by 5 percent instead , what would the percentage change in the price of Bond Dave be then ?" ( Click to select!`

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