Information about two bonds is provided below

Type A:

5% bonds having a par value of INR 10,000 and maturity period being 8 years.

Type B:

7% bonds having a par value of INR 10,000 and maturity period of 9 years.

There are two friends, Brandt and Gudjohnsen; each interested to invest an amount of INR 10,00,000 separately, but in a particular type of bond only. While rating the above two type of bonds, Brandt believes that type A is better as it has a lesser time period of investment required. On the other hand, Gudjohnsen believes that type B is better as it has a higher rate of return.

As a student of corporate finance, provide your view point about which out of the two investors are taking the right approach to compare bonds. Also, illustrate which of the two bonds would be providing a better return.