Question
Which term refers to the specific rate of interest
carried by a bond?Solution
The coupon rate of a bond is the annual interest rate that the issuer agrees to pay the bondholder until the bond matures. The coupon rate is stated as a percentage of the bond's face value, which is the amount of money that the bondholder will receive at maturity. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, the issuer will pay the bondholder $50 in interest every year until the bond matures. The coupon payments are usually made semi-annually or annually, depending on the terms of the bond.
What technology is commonly used for processing and analyzing large datasets in today's data-driven world?
What is the shortcut key to save the opened document?
What Are The Functions Of A Switch?
ENIAC belongs to which generation?
Which of the following provides the necessary instructions for how the device communicates with the other computer hardware?
Which of the following is NOT associated with fifth generation of computers?
Recently who among the following was re-elected general secretary of the 20th Central Committee of the Communist Party of China (CPC)?
What is the term for the process a computer follows to interpret and execute a command?
Analyze the statement and answer the question below:
"Microsoft has recently introduced the Phi-3-Mini, a small language model (SLM) which is a...
What is the default name of the first worksheet in an MS-Excel 2016 workbook?
Relevant for Exams:
