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please fast Bond X has a coupon of 5.2 percent. Bond Z has a coupon of 9.2 percent. Both bonds have 15 years to maturity
please fast
Bond X has a coupon of 5.2 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 value should be indicated by a minus sign. Do not round
intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
b. If 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 percer
rounded to 2 decimal places.)
c- What is your conclusion?
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