Given the following information what is the percentage change in the price of the bonds if...

Given the following information what is the percentage change in the price of the bonds if interest rates suddenly rise by 3%?

*Wing Air Inc.*
Coupon rate	7%
Settlement date	1/1/2000
Maturity date	1/1/2002
Face value	1,000
# of coupons per year	2

*Airfoil, Inc.*
Coupon rate	7%
Settlement date	1/1/2000
Maturity date	1/1/2015
Face value	1,000
# of coupons per year	2

Change in interest rate	3%

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