Both Bond Bill and Bond Ted have 9.4 percent coupons, make semiannual payments, and are priced at face (par) value (so YTM equals coupon rate initially). Bond Bill has 5 years to maturity, whereas Bond Ted has 22 years to maturity. Face value is $1,000. Requirement 1: If annual interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds? Hint: since they are semiannual, increase your YTM (rate) by half of the annual increase Recalculate the price. The percentage change equals (New price- Old price) / Old price. The old price is $1,000. (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places (e.g., 32.16).) change in price Bond Bill Bond Ted Requirement 2: If rates were to suddenly fall by 2 percent instead, what would be the percentage change in the price of these bonds? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Percentage change in price Bond Bill Bond Ted