corporate finance

- Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond 5 am has 3 years to maturity, whereas Bond Dave has 20 years to maturity. If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Sam? 8.10% 7.63% 7.49% 7.47% If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Dave? 24.05%27.35%24.07%31.70% If rates were to suddenty fall by 3 percent instead, what would the percentage change In the pice of Bond Sam be then? 7.44% - Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond 5 am has 3 years to maturity, whereas Bond Dave has 20 years to maturity. If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Sam? 8.10% 7.63% 7.49% 7.47% If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Dave? 24.05%27.35%24.07%31.70% If rates were to suddenty fall by 3 percent instead, what would the percentage change In the pice of Bond Sam be then? 7.44%