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please solve it fast ASAP please with all requirements Bond J is a 4.8% coupon bond. Bond K is a 10.8% coupon bond. Both bonds
please solve it fast ASAP please with all requirements
Bond J is a 4.8% coupon bond. Bond K is a 10.8% coupon bond. Both bonds have 15 years to maturity, make semiannual payments and have a YTM of 7.8%. (Do not round intermediate calculations. Negative answers should be indicated by a minus sign. Round the final answers to 2 decimal places.) a If interest rates suddenly rise by 2%, what is the percentage price change of these bonds? Percentage change in price of Bond J Percentage change in price of Bond K What if rates suddenly fall by 2% instead? % Percentage change in price of Bond J Percentage change in price of Bond K 8
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