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Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value Bond Sam has 3 years to

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Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value Bond Sam has 3 years to maturity, whereas Bond Dave has 14 years to maturity, If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Sam? 0-7.96% 07.52% 0-736% 3-738% If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Dave? 21.96% 20.11% -2009% 0-25.17% Ifrates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Sam be then? If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Sam be then? 0 -7.33% 8.13% O 8.11% 7.52% If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Dave be then? 28.15% 28.13% 21.96% -20.06%

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