Ms$.$ Brown assigned Jennifer to complete the table following research jobs based on the information:

$1.$ Calculate the yield to maturity for the four bonds on January $1,2024,$ respectively.

$2.$ Based on the macroeconomic data released by the National Bureau of Economic Research, Ms$.$ Brown expects that the inflation rate will increase by $1\%.$ Therefore, she expects that yield to maturity for the four bonds will increase by $1\%$ too. She asks Jennifer to calculate the prices of the four bonds if the yield to maturity increases by $1\%.$

$3.$ List the bond prices of the four bonds on January $1,2024$ and the bond prices of the four bonds calculated in $2)$ when the yield to maturity increases by $1\%$ in a table. Calculate the percentage change in the price of each bond.

$4.$ Since Bond A and Bond B have the same coupon rates, Ms$.$ Brown asked Jennifer to compare which bond price will drop more when the yield to maturity increases by $1\%.$ Since Bond C and Bond D have the same maturity date, Ms$.$ Brown asked Jennifer to compare which bond price will drop more when the yield to maturity increases by $1\%.$

$5.$ Based on the results in $1)$ through $4),$ Jennifer needed to report to Linda Brown about which bonds have higher interest rate risk and why.

Suppose that you are Jennifer Bake and write a short memo to Ms$.$ Brown addressing points $1$ through $5.$