The coupon interest of a bond is calculated based on its _______,and is paid periodically.
A) market value
B) book value
C) face value
D) surrender value

Question

Quizplus · Accepted Answer

The coupon interest of a bond is based on its face value, which is the amount that will be paid out when the bond matures. This interest is paid periodically, typically on a semi-annual basis. The market value, book value, and surrender value of the bond can fluctuate over time and do not directly impact the coupon interest payments.

The Coupon Interest of a Bond Is Calculated Based on Its