Question: downgraded . 2 . A 1 5 - year bond has an annual coupon rate of 8 % . The coupon rate will remain fixed

downgraded.2. A 15-year bond has an annual coupon rate of 8%. The coupon rate will remain fixed until thebond matures. The bond has a yield to maturity of 6%. Which of the following statements isCORRECT?

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