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Given the following information what is the percentage change in the price of the bonds if interest rates suddenly rise by 2%? Wing Air Inc.

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Given the following information what is the percentage change in the price of the bonds if interest rates suddenly rise by 2%? Wing Air Inc. Coupon rate Settlement date 1/1/2000 1/1/2002 Maturity date Face value # of coupons per year 1,000 Airfoil, Inc. Coupon rate Settlement date Maturity date Face value # of coupons per year 1/1/2000 1/1/2015 1.000 Change in interest rate Face value 1,000 # of coupons per year Airfoil, Inc. 7% Coupon rate Settlement date Maturity date 1/1/2000 1/1/2015 Face value 1,000 # of coupons per year Change in interest rate 2% Wing Air -3.59%. Airfoil -16.29% Wing Air-12.56%. Airfoil-57.01% Wing Air-3.62%. Airfoil -16.37% Wing Air 3.76%. Airfoil 20.9396

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