The rate of interest a bond pays is called the bonds: a. Face value. b. Coupon rate.
Question:
The rate of interest a bond pays is called the bond’s:
a. Face value.
b. Coupon rate.
c. Bond rating.
d. Rating rate.
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...
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Related Book For 
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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