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04.12.2020 03:43
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Bond J has a coupon rate of 5 percent and Bond K has a coupon rate of 11 percent.
Bond J has a coupon rate of 5 percent and Bond K has a coupon rate of 11 percent. Both bonds have 14 years to maturity, make semiannual payments, and have a YTM of 8 percent. a. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?
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akaeiraspruell
4,6(10 marks)
If you just search up banks you might be able to find your answer Idk but I think its D
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