On May 30, 2015, J Kerr is considering the newly issued 10-yr AA corporate bonds shown below: Price Callable all Sentinal, due May 30 2025 Colina, due May 30 2025 100 No N/A 4.2% 100 Currently callable 102 Suppose that market interest rates decline by 100 bps [13]. Contrast the effect of this decline on the price of each bond. BE DETAILED IN YOUR COMMENTS b Should Kerr prefer the Colina over the Sentinal bond when rates are expected to rise or to fall? BE DETAILED IN YOUR COMMENTS