2a) A pays the owner a fixed coupon payment every year until the maturity date, when the value is repaid. A) coupon bond, discount B) discount bond; discount C) coupon bond: face D) discount bond: face 2b) An $8,000 coupon bond with a $400 coupon payment every year has a coupon rate of A) 5 percent. B) 8 percent. C) 10 percent. D) 40 percent. 2c) The interest rate that equates the present value of payments received from a debt instrument with its value today is the A simple interest rate. B) current yield. C) yield to maturity. D) real interest rate. 2d) The is defined as the payments to the owner plus the change in a security's value expressed as a fraction of the security's purchase price. A) yield to maturity B) current yield C) rate of retum D) vield rate