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Hey, help me solve the question and provide me with explanations and calculations. Thank you! Question 3 There are four bonds which pay annual coupons

Hey, help me solve the question and provide me with explanations and calculations. Thank you!

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Question 3 There are four bonds which pay annual coupons and have the same yield-to-maturity. But they differ in couple rate and time to maturity. Not yet answered Marked out of 1.00 P Flag question 8% Bond Time to maturity Coupon rate Bond 1 3 years 3% Bond 2 3 years Bond 3 8 years 3% Bond 4 8 years 8% If the yield-to-maturity for all bonds changes by 1%, which bond will experience the largest percentage change in price? Select one: O A. The bond with the time to maturity of 8 years and the coupon rate of 3% OB. The percentage change in price will be the same across four bonds C. The bond with the time to maturity of 8 years and the coupon rate of 8% D. The bond with the time to maturity of 3 years and the coupon rate of 3% OE. The bond with the time to maturity of 3 years and the coupon rate of 8%

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