Bond J has a coupon rate of 5 percent. Bond K has a coupon rate
of 10 percent. Both bonds have 7 years to maturity, make semiannual
payments, and have a YTM of 8 percent. If interest rates suddenly
rise by 5 percent, what is the percentage price change of Bond J?
If interest rates suddenly rise by 5 percent, what is the
percentage price change of Bond K? If interest rates suddenly fall
by 5 percent, what is the...