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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 semi

-

annually.

Investment

-

grade bonds have prices significantly below par.

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