Question
Which one of the following statements about vanilla bonds is NOT true? A) Coupon payments are usually made quarterly. B) They have fixed coupon payments.
Which one of the following statements about vanilla bonds isNOTtrue?
A) Coupon payments are usually made quarterly.
B) They have fixed coupon payments.
C) The face value, or par value, for most corporate bonds is $1,000.
D) The bond's coupon rate is calculated as the annual coupon payment divided by the bond's face value.
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
