All of the following refer to the face rate of interest on a bond except
A)stated rate.
B)effective rate.
C)nominal rate.
D)coupon rate.

Question

Quizplus · Accepted Answer

The stated rate, nominal rate, and coupon rate all refer to the face rate of interest on a bond. The effective rate, however, takes into account any additional fees or costs associated with the bond and reflects the true rate of return for the investor.

All of the Following Refer to the Face Rate of Interest