Interest Rate Risk Bond D has a coupon of 4.50%. Bond M has a coupon rate of 7.75%. Both have 12.5 years to maturity, make semiannual payments, and have a YTM of 6.25%. of interest rate rise by 2%, what is the percentage price change of each of these bonds? What Ifrates fall by 2 Instead? What does this problem tell you about the interest rate risk of lower-coupon bonds? 9 30 Input area: 4.50% 13 14 15 16 12 13 19 20 21 22 23 24 25 25 22 Band D: Coupon rate Initial yield to maturity Settlement date Maturity date Face value # of coupons per year 775 Bond M Coupon rate Initial yield to maturity Settlement date Maturity date Face value of coupons per year Change in interest rate Output area: Initial price of Bond D Price after change Initial price of Bond M Price after change change in Bond D change in Bond M Coupon Bond Ilution? Exam Not Exam No2