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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 11 years to maturity. (Do not round your intermediate calculations.) Requirement 1: (a) If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam? (Click to select) (b)if interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Dave? (Click to select) Requirement 2: (a)lf rates were to suddenly fall by 2 percent instead, what would the percentage change in the price of Bond Sam be then? (Click to select) (b)lf rates were to suddenly fall by 2 percent instead, what would the percentage change in the price of Bond Dave be then? (Click to select)

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