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Both Bond A and Bond B have 6.2 percent coupons and are priced ot par...

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Accounting

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Both Bond A and Bond B have 6.2 percent coupons and are priced ot par value. Bond A has 6 years to maturity, white Bond 8 has 15 years to maturity a. If interestrates suddenly rise by I percent, whiat is the percentage change in price of Bond A and Bond B? (A negative value should be indicated by a minus sign. Do not round intermediete calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. b. If interest rates suddenly fall by 1 percent instead, what would be the percentage change in price of Bond A and Bond B? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct

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