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Bonnie and Clyde Bond Bonnie: Par value $ 5 , 0 0 0 , coupon 6 % semi - annual, maturity 2 years, trades today

Bonnie and Clyde
Bond Bonnie: Par value $5,000, coupon 6% semi-annual, maturity 2 years, trades today for $4,500.
Bond Clyde: Par value $5,000, coupon 6% semi-annual, maturity 25 years, trades today for $4,200.
What would be the impact on the price of the two bonds, if the interest rate drops or increases by 2?
What do you infer from this problem regarding the interest rate risk?

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