Question: PLEASE IN EXCEL FORMAT ONLY Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds
PLEASE IN EXCEL FORMAT ONLY



Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 19 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? What if rates suddenly fall by 2 percent instead? All bond price answers should be dollar prices. Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. All bond prices should be in dollars. You must use the built-in Excel function to answer the bond price questions
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