A bond's _______ sets the dollar amount of its annual interest payments.
A) yield to maturity
B) current yield
C) par value
D) coupon rate
E) market rate

Name: A bond's _______ sets the dollar amount of its annual interest payments. A) yield to maturity B) current yield C) par value D) coupon rate E) market rate
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Question

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The coupon rate is a fixed percentage of a bond's par value that determines the dollar amount of its annual interest payments.

A Bond's _______ Sets the Dollar Amount of Its Annual