Question: Which bond is more sensitive to an interest rate (yield) change? Bond A: YTM 3.5%, maturity = 8 years, annual coupon = 6%, face value

Which bond is more sensitive to an interest rate (yield) change?

Bond A: YTM 3.5%, maturity = 8 years, annual coupon = 6%, face value = $1000

Bond B: YTM: 4%, maturity 5 years, annual coupon =7%, face value + $1,000

Please explain!

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