Question 21 Which bond is more sensitive to an interest rate change of 0.75 percent? Bond A: YTM = 4.00%, maturity = 8 years, annual coupon = 6% or $60, par value = $1,000 Bond B: YTM = 4.00%, maturity = 5 years, annual coupon = 7% or $70, par value = $1,000. A. Bond A B. Bond B C. Both are equally sensitive D. Cannot be determined E. I choose not to