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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

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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. 3 B. Bond B C. Both are equally sensitive D. Cannot be determined E. I choose not to answer yf

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