1. Bond A has an annual coupon of 6% and bond B has an annual coupon of 9%. Both have 7 years until maturity. The market demanded interest rates for these bonds moves from 4.5% to 5.5%. What are the prices for the bonds before and after the interest rate change? Which bond is more sensitive to interest rate changes (that is, which had the greater price increase as a percentage of the pre-change price)?