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Business, 22.04.2020 22:37 willveloz4

Both Bond A and Bond B have 9.6 percent coupons and are priced at par value. Bond A has 8 years to maturity, while Bond B has 20 years to maturity. a. If interest rates suddenly rise by 2.2 percent, what is the percentage change in price of Bond A and Bond B? (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.)

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Both Bond A and Bond B have 9.6 percent coupons and are priced at par value. Bond A has 8 years to m...
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