Multiple Choice
The interest rate on a bond is
A) the difference between the face value and the bond price, expressed as a percentage of the face value.
B) the difference between the face value and the bond price, expressed as a percentage of the bond price.
C) the ratio of the face value and the bond price, expressed as a percentage.
D) the difference between the face value and the yield, expressed as a percentage of the bond price.
Correct Answer:

Verified
Correct Answer:
Verified
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