Consider the following bonds: Bond A B Coupon Rate (annual payments) 0% 0% 2% 12% Maturity (years) 13 8 13 8 C D a. What is the percentage change in the price of each bond if its yield to maturity falls from 6% to 5%? b. Which of the bonds A-D is most sensitive to a 1% drop in interest rates from 6% to 5% and why? Which bond is least sensitive? Provide an intuitive explanation for your answer. Note: Assume annual compounding