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value: 10.00 points Bond J is a 3 percent coupon bond. Bond K is a 10 percent coupon bond. Both bonds have 7 years to

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value: 10.00 points Bond J is a 3 percent coupon bond. Bond K is a 10 percent coupon bond. Both bonds have 7 years to maturity, make semiannual payments, and have a YTM of 7 percent. maturity, make sense Requirement 1: (a) If interest rates suddenly rise by 2 percent, what is the percentage price change of Bond J? (Click to select) (b) If interest rates suddenly rise by 2 percent, what is the percentage price change of Bond K? (Click to select) Requirement 2: (a) If interest rates suddenly fall by 2 percer hat is the percentage price change of Bond J? (Click to select) (b) If interest rates suddenly fall by 2 percent, what is the percentage price change of Bond K?! (Click to select)

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