P7-16 Interest Rate Risk (LO2] 9 1 points Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years to maturity, whereas Bond Dave has 18 years to maturity. (Do not round your intermediate calculations.) Requirement 1: (a)If interest rates suddenly rise by 5 percent, what is the percentage change in the price of Bond Sam? (Click to select) (b) Click to select) uddenly rise by 5 percent, what is the percentage change in the price -13.53% - 11.92% - 11.90% Re 12.28% Juddenly fall by 5 percent instead, what would the percentage change in the price of Bond Sam be then? References (a) 14.02% (Click to select) (b)if rates were to suddenly fall by 5 percent instead, what would the percentage change in the price of Bond Dave be then? (Click to select) P7-16 Interest Rate Risk (LO2] 9 1 points Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years to maturity, whereas Bond Dave has 18 years to maturity. (Do not round your intermediate calculations.) Requirement 1: (a)If interest rates suddenly rise by 5 percent, what is the percentage change in the price of Bond Sam? References (Click to select) (b)if interest rates suddenly rise by 5 percent, what is the percentage change in the price of Bond Dave? (Click to select) Re (Click to select) (a) -48.34% uddenly fall by 5 percent instead, what would the percentage change 49,077.87% pnd Sam be then? -32.59% -32.57% (b) 63.74% Juddenly fall by 5 percent instead, what would the percentage change in the price of Bond Dave be then? (Click to select) Requirement 2: (a)lf rates were to suddenly fall by 5 percent instead, what would the percentage change in the price of Bond Sam be then? (Click to select) (b) Click to select) uddenly fall by 5 percent instead, what would the percentage change 13.98% bnd Dave be then? 14.05% 14.00% 12.28% - 11.87% (b)If rates were to suddenly fall by 5 percent instead, what would the percentage change in the price of Bond Dave be then? (Click to select) (Click to select) 63.77% 63.70% 63.72% 49,077.87% -32.54%