The dollar amount of the yearly coupon payment expressed as a percentage of the face value of the bond is called the bond's : Select one: a. coupon rate b. face value rate 34 C. payment rate. d. maturity rate

The dollar amount of the yearly coupon payment expressed as a percentage of the face value of the bond is called the bond's : Select one: a. coupon rate b. face value rate 34 C. payment rate. d. maturity rate

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: The Basic Tools Of Finance

Section: Chapter Questions

Problem 1CQQ

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Question

The dollar amount of the yearly coupon payment expressed as a percentage of the face value of
the bond is called the bond's :
Select one:
a. coupon rate
b. face value rate
34
C. payment rate.
d. maturity rate

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