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The coupon rate is best defined as the: a.annual coupon divided by the current price of a bond. b.annual coupon divided by the face value

The coupon rate is best defined as the:

a.annual coupon divided by the current price of a bond.

b.annual coupon divided by the face value of a bond.

c.periodic payment divided by the yield to maturity

d.semi-annual interest payment divided by the market price.

e.yield to maturity multiplied by the face value of a bond.

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