An investor bought two bonds-bond A was a 9% bond at 106 and bond B was a 7% bond at 94. Each bond is to mature in 5 years. Compute how much greater the yield to maturity from bond B is than from bond A. (Do not consider commission. Round yields to two decimal places.)

Yield To Maturity

The total expected return on a bond if held until it matures, including interest payments and capital gains or losses.

Bond A

A classification of bond or debt security with specific features defined by the issuer, such as interest rate and maturity date.

Bond B

A specific category or issue of bonds, which are debt securities issued by corporations or governments to raise funds.