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IBM bond is a 6% coupon bond. Ford bond is a 10% coupon bond. Both bonds have 10 years to maturity, make semiannual payments, and

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IBM bond is a 6% coupon bond. Ford bond is a 10% coupon bond. Both bonds have 10 years to maturity, make semiannual payments, and have a yield to maturity of 12%. If current interest rates rise by 2%, what is the percentage change in the price of the IBM Bond? Group of answer choices -12.1456% -42.3761% 52.4617% -11.8423% IBM bond is a 6% coupon bond. Ford bond is a 10% coupon bond. Both bonds have 10 years to maturity, make semiannual payments, and have a yield to maturity of 12%. If current interest rates rise by 2%, what is the percentage change in the price of the Ford Bond? Group of answer choices -10.7847% 12.9560% -21.1880% -10.9772%

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