Question: Which statement is correct? As the spread between the coupon rate and the yield decreased, the bond price approaches zero. As the term of a
Which statement is correct?
As the spread between the coupon rate and the yield decreased, the bond price approaches zero.
As the term of a bond decreases, the price of the bond approaches zero.
The coupon on a bond is almost always paid semiannually.
Investmentgrade bonds have prices significantly below par.
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