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Business, 28.10.2019 22:31 marbo1

The faulk corp. has a bond with a coupon rate of 4 percent outstanding. the gonas company has a bond with a coupon rate of 10 percent outstanding. both bonds have 12 years to maturity, make semiannual payments, and have a ytm of 7 percent. if interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds?

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