Both bond A and bond B have 7.2 percent coupons and are priced at par value. Bond A has 6 years to maturity, while bond B has 16 years to maturity.

a.

If interest rates suddenly rise by 1.6 percent, what is the percentage change in price of bond A and bond B?

b.	If interest rates suddenly fall by 1.6 percent instead, what would be the percentage change in price of bond A and bond B? >>Please show work using BAII Plus Calculator as much as possible and show all steps for answer.