Posted by **Tom** on Friday, July 23, 2010 at 11:30pm.

Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years to maturity, wheareas Bond Dave has 20 years to maturity. If interest rates suddenly rise by 2 percent, the percentage change in the price of Bonds Sam and Dave is ? percent and ? percent, respectively. (Do not include the percent signs (%). Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16)) If rates were to suddenly fall by 2 percent instead, the percentage change in the price of Bonds Sam and Dave is ? percent and ?percent, respectively.

- Finance -
**Anonymous**, Friday, October 11, 2013 at 11:49am
-3% -14%

## Answer this Question

## Related Questions

- Finance - Bond X is a premium bond making annual payments. The bond pays an 8 ...
- FINANCE - 10. Bond prices and interest rate An 8 percent coupon bond with 15 ...
- FINANCE - Bond valuation Nungesser Corporation’s outstanding bonds have a $1,000...
- finance - (Bond valuation) Eagle Ventures has a bond issue outstanding with an ...
- Finance - A CBS bond with a par value of $1,000, an interest rate of 7.625 ...
- Math - Suppose you have a $1,000 face value bond with 12 years to maturity, a ...
- Finance - Harrison Inc. has issued a zero/ coupon bond with par value of $1000. ...
- Finance - A firm's bond's have a maturity of 10 years with a $1,000 face value, ...
- Finance - Bond Yields. An AT&T bond has 10 years until maturity, a coupon rate ...
- Need help by tonite Finance - 15. Bond ratings and prices A corporate bond with ...