# [Solved] The Dollar Amount of the Yearly Coupon Payment Expressed as a Percentage

## The dollar amount of the yearly coupon payment expressed as a percentage of the face value of the bond is called the bond's

A)coupon rate.

B)maturity rate.

C)face value rate.

D)payment rate.

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- Q12: A credit market instrument that pays the owner a fixed coupon payment every year until the maturity date and then repays the face value is called a A)simple loan. B)fixed-payment loan. C)coupon bond. D)discount bond.
- Q13: A ________ pays the owner a fixed coupon payment every year until the maturity date,when the ________ value is repaid. A)coupon bond;discount B)discount bond;discount C)coupon bond;face D)discount bond;face
- Q14: The ________ is the final amount that will be paid to the holder of a coupon bond. A)discount value B)coupon value C)face value D)present value
- Q15: When talking about a coupon bond,face value and ________ mean the same thing. A)par value B)coupon value C)amortized value D)discount value
- Q17: The ________ is calculated by multiplying the coupon rate times the par value of the bond. A)present value B)face value C)coupon payment D)maturity payment
- Q18: If a $1,000 face value coupon bond has a coupon rate of 3.75 percent,then the coupon payment every year is A)$37.50. B)$3.75. C)$375.00. D)$13.75
- Q19: If a $5,000 coupon bond has a coupon rate of 13 percent,then the coupon payment every year is A)$650. B)$1,300. C)$130. D)$13.
- Q20: An $8,000 coupon bond with a $400 coupon payment every year has a coupon rate of A)5 percent. B)8 percent. C)10 percent. D)40 percent.
- Q21: A $1,000 face value coupon bond with a $60 coupon payment every year has a coupon rate of A)6 percent B)5 percent. C)6 percent. D)10 percent.

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