The Coupon of a Bond Is

question 30

Multiple Choice

The coupon of a bond is:

• A) its time period to maturity.
• B) its current price.
• C) its face value.
• D) its yield to maturity.
• E) the amount of the interest payment.

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Definitions:

Feeling Superior

The sensation or belief that one is better, more knowledgeable, or more important than others.

Basaltic Lava

A type of lava that is low in silica and has a fluid consistency, erupting from volcanoes at high temperatures.

Shield Volcano

A type of volcano that has broad, gently curved slopes constructed mostly of relatively fluid basaltic lava flows.

Scoria Cone

A relatively small type of volcano that is cone shaped and mostly composed of scoria; synonymous with cinder cone.