The Faulk Corp. has a bond with a coupon rate of 6.4 percent outstanding. The Gas Company has a bond with a coupon rate of 12.6 percent outstanding. Both bonds have 18 years to maturity, make semiannual payments, and have a YTM of 9.5 percent. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?