For each of the following pairs of Government of Canada bonds, identify which will have the higher

Question:

For each of the following pairs of Government of Canada bonds, identify which will have the higher price as a percentage of the face value.
a. A three-year zero-coupon bond or a five-year zero-coupon bond
b. A three-year zero-coupon bond or a three-year 4% bond
c. A two-year 5% bond or a two-year 6% bond?
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...