Builtrite has two bond issues outstanding(sold two separate groups of bonds over the years). One issue has a 7 year maturity and the other issue had a 12 year maturity.Both bonds are paying 4.25% annual interest. Investors only require a 3.75% return, which of the following statements is true?

a) The 7 year bond issue is riskier than the 12 year bond issue

b) Both bond issues have the same amount of risk

c) The 7 year bond price will be selling closer to par value

d) The 12 year bond price will be selling closer to par value