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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 5 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 5 years to maturity, whereas Bond Dave has 17 years to maturity. If interest rates suddenly rise by 4 percent, what is the percentage change in the price of Bond Sam? O-14.70% O 15.23% 0-14.72% 0-17.26% If interest rates suddenly rise by 4 percent, what is the percentage change in the price of Bond Dave? 0-28.74% O-28.72% O-40.32% O 32.88% If rates were to suddenly fall by 4 percent instead, what would the percentage change in the price of Bond Sam be then? If rates were to suddenly fall by 4 percent instead, what would the percentage change in the price of Bond Sam be then? O 15.23% O 17.97% O 17.95% O-14.67% If rates were to suddenly fall by 4 percent instead, what would the percentage change in the price of Bond Dave be then? O 48.98% O 32.88% O-28.69% O 49.00%

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