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Intro General Electric has two bonds outstanding. Both issues have the same credit rating, a face value of $1,000 and a coupon rate of 3%.

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Intro General Electric has two bonds outstanding. Both issues have the same credit rating, a face value of $1,000 and a coupon rate of 3%. Coupons are paid twice a year. Bond A matures in 1 year, while bond B matures in 20 years. The market interest rate for similar bonds is 9%. - Attempt 1/6 for 10 pts. Part 1 By how much will the price of bond A fall if yields increase to 10% immediately? 1+ decimals Submit Part 2 Attempt 1/6 for 10 pts. By how much will the price of bond B fall if yields increase to 10% immediately (in absolute dollars)? 1+ decimals Submit

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