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I keep sending this question and getting the wrong answer. Bond J has a coupon of 4 percent. Bond K has a coupon of 8
I keep sending this question and getting the wrong answer.
Bond J has a coupon of percent. Bond K has a coupon of percent. Both bonds have years to maturity and have a YTM of percent.
If interest rates suddenly rise by percent, what is the percentage price change of these bonds?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
If interest rates suddenly fall by percent, what is the percentage price change of these bonds?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
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