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& Moving to another question will save this response Question 10 of 24 Question 10 5 points Save Amer There are two semi-annual bonds Bond

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& Moving to another question will save this response Question 10 of 24 Question 10 5 points Save Amer There are two semi-annual bonds Bond X and Bond Z. Bond X has a coupon of 52 percent Bond Z has a coupon of 9.2 percent. Both bonds have 15 years to maturity and have a YTM of 7.4 percent a. If interest rates suddenly rise by 1.6 percent, what is the percentage price change of these bonds? (A negative valoe should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places) b. interest rates suddenly fall by 1.6 percent, what is the percentage price change of these bonds? (Do not round intermediate calculations, Enter your answers as a percent rounded to 2 decimal places) - What is your conclusion? For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac) B IVS Paragraph Arial 4 M Q 10pt 5 Y 20 IXO EEE 1X X EB 13 ~ F EBBE (0) O 3 O WORDS POWERED BY TY

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