What is meant by Coupon-02260
This subjective question is related to the book/course
vu mth302 Business Mathematics & Statistics.
It can also be found in
vu mth302 Mid Term Solved Past Paper No. 2.
Question 1: What is meant by Coupon?
Answer:
The coupon rate is the fixed interest rate that is the basis for the quantity of dollars the bond pays. It is the interest rate. The buyer of a newly issued coupon bond is lending money to the issuer who, in turn, agrees to pay interest oh this loan and repay the principal at a stated maturity date
