Question

In general, a corporate bond's coupon rate Blank______,

Multiple choice question.

is fixed until the bond matures


changes in sync with market interest rates


decreases as a bond nears maturity


changes every year

Answers

Answered by GPT-4o mini
The correct answer is:

**is fixed until the bond matures.**

A corporate bond's coupon rate is typically fixed at the time of issuance and remains constant throughout the life of the bond until it matures.
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