Which statement is correct? Select one: O a. Bond markets are linked to money markets in the sense that when coupon rate goes up, bonds are more appealing and so the demand on bonds Increases and their price goes up O b. When the market rate goes down, the demand on bonds goes up and they sell at a premium O c. When the market rate is above the coupon rate, Investors demand on bonds Increases O d. When the market rate goes up, Investors demand on bonds Increases since they are more appealing e. Market rate does not affect the Py of the bond NEXT PAGE