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  3. .- the tornado corp. has a 6 percent coupon bond o

.- The Tornado Corp. has a 6 percent coupon bond outstanding. The Waves Corp has...

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Accounting

.- The Tornado Corp. has a 6 percent coupon bond outstanding. The Waves Corp has a 12 percent bond outstanding. Both bonds have 9 years to maturity, make semiannual payments, and have a YTM of 9 percent.

If interest rates suddenly rise by 3 percent, what is the percentage change in the price of these bonds? What if interest rates suddenly fall by 3 percent instead?

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Please help with required part 1-5