Question: Current Attempt in Progress The following two bonds are identical ( ( mathrm { FV } = $ 1 , 0 0

Current Attempt in Progress
The following two bonds are identical (\(\mathrm{FV}=\$ 1,000,8\)-percent coupon rate paid semi-annually), except that they mature at different times:
If the market yield, currently 7 percent, increases by 100 basis points, which bond's price will change more and by how much? (Round present value factor calculations to 5 decimal places, e.g.1.25124 and final answers to 2 decimal places, e.g.5.25.)
Bond C in price by \$ or \%
Bond D in price by \$ or \%
The price of will change more.
Current Attempt in Progress The following two

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