The interest rate used to compute the bond's interest payment each year refers to:
A) Coupon rate
B) Par value
C) Bond price
D) None of the above

Name: The interest rate used to compute the bond's interest payment each year refers to: A) Coupon rate B) Par value C) Bond price D) None of the above
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The coupon rate is the interest rate that the issuer of the bond promises to pay the bondholder annually or at some other agreed-upon intervals, based on the bond's par value.

The Interest Rate Used to Compute the Bond's Interest Payment