Final answer:
The bond becomes less attractive as interest rates rise, requiring the bond seller to lower its price to make it more appealing.
Step-by-step explanation:
The subject of this question is Finance or Investment.
In this question, the bond is initially issued at a 6% interest rate and is expected to sell for $10,000. However, one year before the bond's maturity, interest rates rise to 9%. As a result, the bond becomes less attractive compared to other bonds offering a higher interest rate. To make the 6% bond more appealing to potential investors, the bond seller would need to lower its price below $10,000.