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Bond A has a time to maturity of 18 years and a duration of 12.98 years. Bond B has a time to maturity of 15

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Bond A has a time to maturity of 18 years and a duration of 12.98 years. Bond B has a time to maturity of 15 years and a duration of 13.12 years. Which bond has more interest rate risk and why? A Bond A because tha6 loger time to maturity B. Bond B because Rhas the shoer time to maturty C. BondA because has the shorter ouration D. Bond B because R has the longer duration

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