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Both Bond A and Bond B have 9 . 6 percent coupons and are priced at par value. Bond A has 8 years to maturity,
Both Bond A and Bond B have percent coupons and are priced at par value. Bond A has years to maturity, while Bond B has years to maturity.
If interest rates suddenly rise by percent, what is the percentage change in price of Bond A and Bond B
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
If interest rates suddenly fall by percent instead, what would be the percentage change in price of Bond A and Bond B
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
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