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Which of the following statements regarding a bond issued with a 4.75% coupon and now trading in the secondary market is true? O A) If
Which of the following statements regarding a bond issued with a 4.75% coupon and now trading in the secondary market is true? O A) If interest rates fall, the bond's current yield will rise. OB) If interest rates rise, the bond's price also rises in the secondary market. OC) If the bond falls in price, the current yield will also fall. OD) If interest rates drop, the coupon will remain at 4.75%.
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