Examveda
Examveda

Coupon rate of bond is also called

A. nominal rate

B. premium rate

C. quoted rate

D. both a and c

Answer: Option D

Solution(By Examveda Team)

Coupon rate of bond is also called nominal rate and quoted rate. Coupon interest rates are determined as a percentage of the bond's par value, also known as the "face value." 

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