25. Which of the following two bonds is more price sensitive to changes in interest rates? 1) A par-value bond, A, with a 12 year to maturity and a 12% coupon rate. 2) A zero-coupon bond, B, with a 12 year to maturity and a 12% yield to maturity. A. Bond A because of the higher yield to maturity B. Bond A because of the longer time to maturity C. Bond B because of the longer duration D. Both have the same sensitivity because both have the same yield to maturity