If a corporate bond with a face value of $2,000 pays yearly coupon payments of $50, what is the coupon rate?
A) 2.5%
B) 4%
C) 25%
D) 40%
Answer: A
Economics
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Which of the following is a Leading Economic Indicator?
A) commercial and industrial loans outstanding B) industrial production C) average weekly duration of unemployment D) None of the above
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Which of the following represents the general rule of hiring for a firm?
A) Total physical product equals marginal factor cost. B) Average revenue product equals the wage rate. C) Marginal cost equals marginal revenue. D) Marginal revenue product equals marginal factor cost.
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