There are four bonds which pay annual coupons and have the same yield-to- maturity. But they differ in coupon rate and time to maturity. Bond Time to maturity Coupon rate Bond 1 3 years 4% Bond 2 3 years 6% Bond 3 6 years 4% Bond 4 6 years 6% If the yield-to-maturity for all bonds changes by 1%, which bond will experience the smallest percentage change in price? A. The bond with the time to maturity of 3 years and the coupon rate of 6% B. The bond with the time to maturity of 3 years and the coupon rate of 4% C. The bond with the time to maturity of 6 years and the coupon rate of 4% D. The bond with the time to maturity of 6 years and the coupon rate of 6% O E. The percentage change in price will be the same across four bonds