The rate quoted in the bond contract used to calculate the cash payments for interest is called the:

Question

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The rate quoted in the bond contract that is used to calculate the cash payments for interest is called the stated rate. It is also sometimes referred to as the coupon rate. The face rate refers to the rate at which the bond will be repaid at maturity, while the market rate is the current rate of return required by investors for similar investments. The yield rate is a calculation that takes into account the bond's price, face value, and stated interest rate to determine the effective rate of return.

The Rate Quoted in the Bond Contract Used to Calculate