A bond's interest payments are determined by multiplying the bond's principal amount by the coupon rate.

Name: A bond's interest payments are determined by multiplying the bond's principal amount by the coupon rate.
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Interest payments of a bond are calculated by multiplying the principal amount by the coupon rate, which is a fixed percentage of the face value of the bond. This is commonly known as the bond's coupon payment.

A Bond's Interest Payments Are Determined by Multiplying the Bond's