Bond a and Bond B Both Have a Maturity Value

Multiple Choice

Bond A and Bond B both have a maturity value of $1,000 and pay annual interest of 9%.The market rate of interest is also 9%.Bond A matures in 4 years and Bond B matures in 5 years.Which of the following is correct?

A) Bond A will sell for more than Bond B.
B) Both bonds sell for the same amount, $1,000.
C) Both bonds sell for more than $1,000.
D) Bond B will sell for more than Bond A.
E) There is not sufficient information to answer the question.