Question: Please use excel and show all work! Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par

Please use excel and show all work! Both Bond Sam and

Bond Dave have 8 percent coupons, make semiannual payments, and are priced

Please use excel and show all work!

Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 2 years to maturity, whereas Bond Dave has 15 years to maturity. If interest rates suddenly rise by 4 percent, what is the percentage change in the price of Bond Sam? 7.08%6.91%7.45%6.93% If interest rates suddenly rise by 4 percent, what is the percentage change in the price of Bond Dave? 27.51%37.99%30.94%27.53% If rates were to suddenly fall by 4 percent instead, what would the percentage change in the price of Bond Sam be then? 7.62%7.08%6.88%7.60% If rates were to suddenly fall by 4 percent instead, what would the percentage change in the price of Bond Dave be then? 27.48%44.77%44.79%30.94%

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