Bond J has a coupon rate of 4 percent. Bond K has a coupon rate...
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Bond J has a coupon rate of 4 percent. Bond K has a coupon rate of 9 percent. Both bonds have 6 years to maturity, make semiannual payments, and have a YTM of 9 percent If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond J? 0 -11.91% 0-13.89% 0 -13.91% 0 -12.91% If interest rates suddenly rise by 3 percent, what is the percentage price change of Bond K? 0-10.58% O 12.99% 0 -12.58% 0 -12.56%
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