Bond J is a 6 percent coupon bond. Bond K is a 10 percent coupon bond....

Bond J is a 6 percent coupon bond. Bond K is a 10 percent coupon bond. Both bonds have 10 years to maturity, make semiannual payments, and have a YTM of 8 percent. If interest rates suddenly fall by 2 percent, the percentage change in price of Bonds J and K is ____ percent and _____ percent, respectively. (Negative amounts should be indicated by a minus sign. Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))

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jeff jeffy answered 10 months ago

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