Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
If a bond's purchase price is equal to its par value, its coupon rate equals its yield to maturity. A bond's par value is its face value, or the stated value of the bond at the time of issuance, as determined by the issuing entity.
It is the same as the coupon rate and is the amount of income you receive on a bond expressed as a percentage of your initial investment. If you buy a $1,000 bond and receive $45 in annual interest payments, your coupon yield is 4.5 percent. When the interest rate on a loan rises (when interest rates rise).
To learn more about coupon rate, click here.
https://brainly.com/question/16913107
#SPJ4
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.
