Question: Please show how to compute using a financial calculator. Thank you. Both Bond Sam and Bond Dave have 10 percent coupons, make semiannual payments, and

 Please show how to compute using a financial calculator. Thank you.

Please show how to compute using a financial calculator. Thank you.

Both Bond Sam and Bond Dave have 10 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 5 years to maturity, whereas Bond Dave has 13 years to maturity. If interest rates suddenly rise by 5 percent, what is the percentage change in the price of Bond Sam? -20.71% -17.14% 17.95% 0-17.16% If interest rates suddenly rise by 5 percent, what is the percentage change in the price of Bond Dave? O-28.23% O-28.25% O 32.15% 0.39.37% If rates were to suddenly fall by 5 percent instead, what would the percentage change in the price of Bond Sam be then? O 21.88% 0-17.11% O 17.95% 21.86% If rates were to suddenly fall by 5 percent instead, what would the percentage change in the price of Bond Dave be then? 47.38% 47.36% 32.15% 0-28.20%

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