Apple recently issued a series of bonds with various maturity dates. The information below pertains to one

Question:

Apple recently issued a series of bonds with various maturity dates. The information below pertains to one of Apple's bonds:

Explain why investors would care about knowing the coupon rate and yield percentages. Assume that over the next several weeks the yield went down to 3.10. How would this decrease affect Apple's financial statements?

Coupon Rate
A coupon rate is the yield paid by a fixed-income security; a fixed-income security's coupon rate is simply just the annual coupon payments paid by the issuer relative to the bond's face or par value. The coupon rate, or coupon payment, is the yield...