Question: Problem #4: (10 points): Bond J h as a coupon rate of 4.8 percent. Bond S has a coupon rate of 14.8 percent. Both bonds

 Problem #4: (10 points): Bond J h as a coupon rate

Problem #4: (10 points): Bond J h as a coupon rate of 4.8 percent. Bond S has a coupon rate of 14.8 percent. Both bonds have eleven years to maturity, make semiannual payments, a par value of $1,000, and have a YTM of 10.6 percent. Required: If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds

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