Consider the following bonds: a. What is the percentage change in the price of each bond if its yield to maturity falls from 8% to 7% ? b. Which of the bonds AD is most sensitive to a 1% drop in interest rates from 8% to 7% and why? Which bond is least sensitive? Provide an intuitive explanation for your answer. Note: Assume annual compounding. a. What is the percentage change in the price of each bond if its yield to maturity falls from 8% to 7% ? The percentage change in bond A is \%. (Round to two decimal places.)