Question: Question Completion Status BS S 4 5 Moving to another question will save this response Question 21 of 24 Question 21 5 points Bond X

 Question Completion Status BS S 4 5 Moving to another question

Question Completion Status BS S 4 5 Moving to another question will save this response Question 21 of 24 Question 21 5 points Bond X has a coupon of 6.2 percent Bond Z has a coupon of 9-2 percent. Both bonds have 15 years to maturity and have a YTM of 74 percent a. If interest rates suddenly rise by 1.6 percent, what is the percentage price change of these bonds? (A negative value should be indicated by a minus sign. Do not round intermediate calculations, Enter your answers as a percent rounded to 2 decimal places) b. If interest rates suddenly fall by 1,0 percent, what is the percentage price change of these bonds? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places) e-What is your conclusion? For the toolbar, press ALT-F10 OPC or ALT+FN+F10 (Mac) *** BIVS Paragraph Y 10p EE AI XOQ 52 WORDS POWERED BY Y

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