The prices of longer-term bonds are more volatile than the prices of shorter-term bonds with the same coupon. The prices of bonds with smaller coupons are more volatile than bonds with larger coupons for the same term to maturity. However, you cannot compare the relative price changes on bonds with different coupons and maturities unless you consider their durations. Consider the following
bonds:

The price of which bond will fall more if interest rates rise from the current yield to maturity of 8 percent? To answer the question, calculate the duration of bothbonds.

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Bond lue 8% 14% Term 8 years 10 years