Question
What is a coupon or coupon rate? What is the difference between a coupon rate and the current Yield? I have a $1,000.00 bond that
What is a "coupon" or coupon rate? What is the difference between a coupon rate and the "current Yield?"
I have a $1,000.00 bond that pays me $35.00 every six months. What is the coupon rate? and what if my bond trades later for $900. What happens to my current yield? and if that happens what is my coupon rate?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
