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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

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 18 year to maturity.

If interest rates suddenly rise by 4 percent, what is the percentage change in the price of bond sam?

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