Bond X has a coupon of 5-2 percent Bond Zhas a coupon of 9.2 percent. Both bonds have 15 years to maturity and have a YT

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answerhappygod
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Bond X has a coupon of 5-2 percent Bond Zhas a coupon of 9.2 percent. Both bonds have 15 years to maturity and have a YT

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Bond X has a coupon of 5-2 percent Bond Zhas 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 ise by 1.8 percent, what is the percentage price change of these bonds? (A negative value should be Indicated by a minuealan. Do not round Intermediate calculations. Enter
your answers as a percent rounded to 2 decimal places.)
b. If interest rates suddenly fall by 1.6 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)
- What is your conclusion?
please try answering asap with calculations
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