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Question 21 4 pts Which of the following elements determines what the annual interest payment on a bond will be? (1) The face (or par)

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Question 21 4 pts Which of the following elements determines what the annual interest payment on a bond will be? (1) The face (or par) value of the bond (2) The maturity date of the bond (3) The coupon rate of the bond Only element 1 o Only element 2 Only element 3 Elements 1 and 2 Elements 2 and 3 Elements 1 and 3 All elements (1, 2, and 3) Question 22 4 pts A bond rating is really a measure of a bond's O performance O yield market value riskiness yield to maturity

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