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Both Bond Sam and Bond Dave have 10 percent coupons, make semiannual payments and are priced at par value Bond Sam has four years to

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Both Bond Sam and Bond Dave have 10 percent coupons, make semiannual payments and are priced at par value Bond Sam has four years to maturity, whereas Bond Dave has 17 years to maturity If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam and Bond Dave ? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Percentage change in price of Bond Sam ___________ % Percentage change in price of Bond Dave _______________ % If rates were to suddenly fall by 2 percent instead what would be the percentage change in the price of Bond Sam and Bond Dave? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Percentage change in price of Bond Sam ___________% Percentage change in price of Bond Dave ____________%

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