Question: I need help !! D Question 3 2 pts Two years ago Sam bought a newly issued three-year US government bond (a risk-free asset) with

I need help !!

I need help !! D Question 3 2 pts Two years ago

D Question 3 2 pts Two years ago Sam bought a newly issued three-year US government bond (a risk-free asset) with a principle of $1000 and a 5% coupon rate. This year, one year before maturity, Sam decides to sell the bond and sees that the price people are willing to pay for his bond is now $1019. Has the interest rate gone up or down since Sam purchased the bond? [ Select ] What is the the current interest rate for bonds when Sam decides to sell? [ Select ]

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