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Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 4 years to

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Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 4 years to maturity, whereas Bond Dave has 19 years to maturity. If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Sam? O 9.71% 0-10.50% 0-9.50% O-9.48% If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Dave? -23.71% -31.07% -23.69% If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Sam be then? -9.45% O 10.74% O 9.71% O 10.76% If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Dave be then? 26.75% 36.50% 23.66% 0 36.52%

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