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4 pts Question 7 If a bond with a 4% annual coupon sells at a price of $1,085, what must be true about the bond?

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4 pts Question 7 If a bond with a 4% annual coupon sells at a price of $1,085, what must be true about the bond? The bond's price will rise over time The bond must be a speculative grade bond The bond must be an investment grade bond The bond's yield to maturity must be less than 4%

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