Question: Bond A and B both have Ksh . 1 0 million face value, 8 % yields to maturity, and ten - years term to maturity.

Bond A and B both have Ksh.10 million face value, 8% yields to maturity,
and ten-years term to maturity. However, bond A has a 10% coupon rate,
whereas bond B sells at par. Both make annual interest payments. If the yields
on both bonds decline to 6%, calculate the percentage price changes of the two
bonds

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