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What is the coupon rate (yield) of a bond? A- The interest accrued on the bond through expiration B- The sum of money that the

What is the coupon rate (yield) of a bond?

A- The interest accrued on the bond through expiration

B- The sum of money that the corporation promises to pay upon expiration of the bond

C- The interest rate of the bond that is contractually set upon issuance

D- The interest rate of the bond that can be changed at any time during the life of the bond

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