Mastery card
I can explain Coupon Rate
The stated annual interest rate a bond pays on its face value.
Coupon rate is the contractual interest percentage paid periodically based on the bond's face value.
Sticky trick
Coupon ≠ current yield if you bought the bond above or below face value.
Take into the room
In plain English, what is Coupon Rate?
Or open the share card 🎟️
Or start your own 5-word trail from home.