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The Faulk Corp. has a 5 percent coupon bond outstanding. The Gonas Company has a 12 percent bond outstanding. Both bonds have 8 years to

The Faulk Corp. has a 5 percent coupon bond outstanding. The Gonas Company has a 12 percent bond outstanding. Both bonds have 8 years to maturity, make semiannual payments, and have a YTM of 8.5 percent. If interest rates suddenly fall by 1 percent, the percentage change in price of Faulk Corp. and Gonas Company is _______ percent and _________ percent, respectively.

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