Problem 9 You have until 1:55 PM to complete this assignment. Intro General Electric has two bonds outstanding. Both issues have the same credit rating, a face value of $1,000 and a coupon rate of 6%. Coupons are paid twice a year. Bond A matures in 1 year, while bond B matures in 30 years. The market interest rate for similar bonds is 7%. Attempt 1/1 for 10 pts. Part 1 By how much will the price of bond A fall if yields increase to 10% immediately in absolute dollars)? -28 Part 2 Attempt 1/1 for 10 pts. By how much will the price of bond B fall if yields increase to 10% immediately (in absolute dollars)? |+ decimals Submit