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# Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has six years to maturity,...

Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has six years to maturity, whereas Bond Dave has 17 years to maturity.

**a.**If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam and Bond Dave? **(A negative answer should be indicated by a minus sign.**