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Both Bond Bill and Bond Ted have 12.4 percent coupons, make semlannual payments, and are priced at par value. Bond Bll has 5 yeans to
Both Bond Bill and Bond Ted have 12.4 percent coupons, make semlannual payments, and are priced at par value. Bond Bll has 5 yeans to maturity, whereas Bond Ted has 22 years to maturity. Both bonds have a par value of 1,000 If interest rates sucdenty rise by 3 percent, what i s the percentage change in the price of these bonds? IA negative answer should be ind ieated by a minus sign. Do not round intermediate caleulations and enter your answers as a percent rounded to 2 decimal places, e.g 3216.) Hond Bil Bund Ted It rates were lu suuu ent al b 3 percen rstead, wital wuuld Le 2t pe centa e ctan en lhe pr Keul lhese bunds? Do not round Intermediate calculation and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Pertentage Bond eil Bond Ted
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