Question: help please rrect Question 5 0 7 10 pts Ten years ago, John Doe bought a corporate bond for $955. Today, he can sell this

help please
help please rrect Question 5 0 7 10 pts Ten years ago,

rrect Question 5 0 7 10 pts Ten years ago, John Doe bought a corporate bond for $955. Today, he can sell this bond for $1,015. What must have happened with the market interest rate over time? Today's market rate is lower than the rate when he purchased this bond The market rate must have stayed constant Today's market rate is higher than the rate when he purchased this bond None are correct Today's market rate must have gone up since he bought this bond, but today's market rate is still below the coupon rate of this bond

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