An $8,000 coupon bond with a $400 annual coupon payment has a coupon rate of
A. 5 percent.
B. 8 percent.
C. 10 percent.
D. 40 percent.
Answer:A
An $8,000 coupon bond with a $400 annual coupon payment has a coupon rate of
A. 5 percent.
 B. 8 percent.
 C. 10 percent.
 D. 40 percent.
