The ________ is used to determine the annual or semi-annual interest c
The ________ is used to determine the annual or semi-annual interest cash flow for a bond whereas the ________ is the rate used to determine the price of the bond.
A) coupon rate; yield to maturity
B) yield to maturity; coupon rate
C) yield to maturity; discount rate
D) current yield; yield to maturity
ANSWER
A
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