Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
-The effective interest rate on bonds is also called

Question

Use the present value and future value tables included in Appendix 8 and on the textbook companion website. 
-The effective interest rate on bonds is also called

Quizplus · Accepted Answer

The effective interest rate on bonds is also known as the yield rate, which is the rate of return that investors earn by holding a bond until maturity. It takes into account the coupon rate and any premium or discount on the bond's selling price. The other options (A and C) may also refer to different types of interest rates, but they are not synonymous with the effective interest rate or yield rate on bonds.

Use the Present Value and Future Value Tables Included in Appendix