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Bond X Bond Y N (semi-annual) 10 12 Rd (semi-annual) 3.5% 3.5% PMT (semi-annual) 35 35...

Bond X Bond Y
N (semi-annual) 10 12
Rd (semi-annual) 3.5% 3.5%
PMT (semi-annual) 35 35
PV -1000 -1000
FV 1000 1000

If interests rates rise 1.25% on an annual basis, what will be the change in value of price due to duration for Bond X? and Bond Y?

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