c$.$Which will have the higher price$($as a percentage of the face$$ value$),$ a$$ two$-$year $5\%$ coupon bond or a$$ two$-$year $6\%$ coupon$$ bond, both issued on the same$$ date?

A$.$

The$5\%$ coupon$$ bond, because the future value will be received$$ sooner, therefore the present value must be higher.

B$.$

Because they are both for two$$ years, they are equal in price.

C$.$

The$6\%$ coupon$$ bond, because the coupon$($interest$)$ payments are$$ higher, even though the timing is the same.

D$.$

The$5\%$ coupon$$ bond, because the coupon$($interest$)$ payments are$$ higher, even though the timing is the same.