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Module 5 Connect Exercise 9 Saved Help Save & Exit Submit Check my work 3 points Both Bond A and Bond B have 8.4

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Module 5 Connect Exercise 9 Saved Help Save & Exit Submit Check my work 3 points Both Bond A and Bond B have 8.4 percent coupons and are priced at par value. Bond A has 7 years to maturity, while Bond B has 18 years to maturity. a. If Interest rates suddenly rise by 1.2 percent, what is the percentage change in price of Bond A and Bond B? (A negative value should be indicated by a minus sign. Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) %A in Price eBook Bond A Bond B % Print References b. If interest rates suddenly fall by 1.2 percent Instead, what would be the percentage change in price of Bond A and Bond B? (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Bond A Bond B %A in Price %

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