Problem 6-20 Interest Rate Risk [LO 2] Bond J has a coupon rate of 4.5 percent. Bond K has a coupon rate of 14.5 percent. Both borids have elght years to maturity, a par. value of $1,000, and a YTM of 10 percent, and both make semiannual payments: a. If interest rates suddenly rise by 3 percent, what is the percentage change in the price of these bonds? Note: A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16. b. If interest rates suddenly fall by 3 percent instead, what is the percentage change in the price of these bonds? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.9., 32.16