Both Bond Bill and Bond Ted have 10.8 percent coupons, make semiannual payments, and are priced at par value, Bond Bill has 7 years to maturity, whereas Bond Ted has 24 years to maturity. Both bonds have a par value of 1,000. If interest rates suddenly rise by 3 percent, what is the percentage change in the price of these bonds? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) If rates were to suddenly fall by 3 percent instead, what would be the percentage change in price of these bonds? (Do not round intermediate calculations, and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)