Using the 'Market Value of Bonds' Chart This Student Textbook's

Using the 'Market Value of Bonds' Chart This student textbook's Online learning centre (OLC) provides an interactive chart for comparing the response of the prices of two bonds to a given change in the bond market's required rate of return. Go to the OLC's Student Edition. In the navigation bar, select "Chapter 15" in the drop-down box. In the list of resources for Chapter 15, select "Links in Student textbook" and then click on the link named "Market Value of Bonds. "Follow the instructions with this chart to solve:
Bond A and Bond B both have a face value of $1000, each carries a 5% coupon, and both are currently priced at par in the bond market. Bond A matures in 2 years and Bond B matures in 10 years. If the prevailing required rate of return in the bond market suddenly drops to 4.7% compounded semiannually, how much will the market price of each bond change? What general rules does this outcome demonstrate?