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If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond J? 15.92%16.92%17.92%17.90% If interest rates suddenly fall by 4
If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond J? 15.92%16.92%17.92%17.90% If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond K ? 21.03%7.62%16.69%20.91% Bond J has a coupon rate of 5 percent. Bond K has a coupon rate of 9 percent. Both bonds have 6 years to maturity, make semiannual payments, and have a YTM of 7 percent. If interest rates suddenly fall by 4 percent, what is the percentage price change of Bond J? 22.75%22.77%25.86%17.94% If interest rates suddenly rise by 4 percent, what is the percentage price change of Bond K ? 16.65%14.67%16.67%24.65%
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