Problem 8-19 Interest Rate Risk The Faulk Corp. has a 3 percent coupon bond outstanding. The Gonas Company has a 9 percent bond outstanding. Both bonds have 13 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Percentage change in price of Faulk Percentage change in price of Gonas What if interest rates suddenly fall by 2 percent instead? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Percentage change in price of Faulk Percentage change in price of Gonas