Question 8 13.5 Which bond is more sensitive to an interest rate change of 0.75 percent? Bond A: YTM = 4.00%, maturity = 8 years, coupon = 8% or $80, par value = $1,000. Bond B: YTM = 3.50%, maturity = 9 years, coupon = 7% or $70, par value = $1,000. O Cannot be determined Both are equally sensitive. O Bond A O Bond B Next