Coupon

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 year divided by the face value of the bond in question).It is also referred to as the "coupon rate," "coupon percent rate" and "nominal yield." 

Current yield = annual payments ÷ market value of the bond


Still want to learn more about Coupon

Checkout other online study materials on SolutionInn

Related solved question answer on Coupon

Join SolutionInn Study Help for
Study Help
2 Million+ Textbook Solutions
Learn the step-by-step answers to your textbook problems, just enter our Solution Library containing more than 2 Million+ textbooks solutions and help guides from over 1300 courses.
Study Help
24/7 Online Tutors
Tune up your concepts by asking our tutors any time around the clock and get prompt responses.
Post a Question

Answers from our experts for your tough homework questions

Relevant accounting tutors