Two bonds have the same coupon rate, par value, anBoth have Their comparative market prices are

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The bond with the shorter life will have a higher price because it has less risk associated with it. The longer the life of a bond, the more uncertainty there is about future interest rates, inflation, and the ability of the issuer to pay back the principal. The shorter the life, the less uncertainty there is, and therefore the higher the market price.

Two Bonds Have the Same Coupon Rate, Par Value, AnBoth