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need help and steps on how to do this question please Builtrite has two bond issues outstanding (sold two separate groups of bonds over the

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need help and steps on how to do this question please

Builtrite has two bond issues outstanding (sold two separate groups of bonds over the years). One issue has a 9 year maturity and the other issue has a 15 year maturity. Both bonds are paying 4.25% annual interest. Investors now require a 4.75% return, which of the following statements is true? The 9 year bond issue is riskier than the 15 year bond issue. Both bond issues have the same amount of risk. The 9 year bond price will be selling further from par value. The 15 year bond will be selling further from par value

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