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Both Bond Sam and Bond Dave have 3 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 4 years to

Both Bond Sam and Bond Dave have 3 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 4 years to maturity, whereas Bond Dave has 8 years to maturity.
a) If interest rates suddenly rise by 1% point, what is the percentage change in the price of Bond Sam?
b) If interest rates suddenly rise by 1% point, what is the percentage change in the price of Bond Dave?
c) If interest rates suddenly fall by 1% point instead, what is the percentage change in the price of Bond Sam?
d) If interest rates suddenly fall by 1% point instead, what is the percentage change in the price of Bond Dave?
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