Jun 4 at 3:40pm z Instructions Question 3 1 pts Which of the following is a true statement? O Bond ratings measure the price risk associated with a given bond. A bond's price converges to its face value as it approaches maturity. A bond's coupon rate typically changes semi-annually with market fluctuations in interest rates. Bonds are referred to as amortized debt due to the fact that interest and principal payments are made each period to the lender until maturity. Previous Next