Question: Check my work Problem 10-17 Interest Rate Risk (LO3, CFA4) Both Bond A and Bond B have 9.6 percent coupons and are priced at par

Check my work Problem 10-17 Interest Rate Risk (LO3, CFA4) Both Bond A and Bond B have 9.6 percent coupons and are priced at par value. Bond A has 8 years to maturity, while Bond B has 20 years to maturity. a. If interest rates suddenly rise by 2.2 percent, what is the percentage change in price of Bond A and Bond 8? (A negative value should be Indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 declmal places.) % in Price b. If interest rates suddenly fall by 2.2 percent instead, what would be the percentage change in price of Bond A and Bond B? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) % in Bond B K Prey 3 of Next > MacBook Pro

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