An amortization schedule can best be described as which of the following?

Select one:

a. A table showing the calendar schedule of coupon payments occurring during the life of a bond.

b. A table giving the current yield-to-maturity for bonds of different quality as determined by their bond rating.

c. A table giving the present value interest factors (discount factors) for varying interest rates and number of time periods

d. A table showing the relative default risk on corporate bonds of different bond ratings

e. A table showing the allocation of payments between principal repayment and interest during the life of a loan