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2 4 5 6 2 10 11 12 14 15 16 17 19 20 21 22 23 24 QUESTION 3 6 points Bond X has a coupon of 52 percent. Bond Zhas a coupon of 9.2 percent. Both bonds have 15 years to maturity and have a YTM of 74 percent a. If interest rates suddenly rise by 1.6 percent, what is the percentage price change of these bonds? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) b. If interest rates suddenly fall by 1.6 percent, what is the percentage price change of these bonds? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) - What is your conclusion? For the toolbar, press ALT F10 PC or ALT FN F10 (Mac), I gs Paragraph Arial A2 I. X 6 X X T The 122 v 10pt a sa ii +] r 3 HB E BEE ()