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Question 15 (5 points) Problem 9: Interest Rate Risk. Bond J is a 5% coupon bond. Bond K is an 10% coupon bond. Both bonds

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Question 15 (5 points) Problem 9: Interest Rate Risk. Bond J is a 5% coupon bond. Bond K is an 10% coupon bond. Both bonds have 12 years to maturity, make semiannual payments, and have a YTM of 5%. PART 9A: If interest rates suddenly rise by 4% (YTM is now 9%), the percentage price change of bond is

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