The "Coupon Rate" Is

Multiple Choice

The "coupon rate" is:

A) the annual amount of interest payments made on a bond as a percentage of the amount borrowed.
B) the change in the value of a bond expressed as a percentage of the amount borrowed.
C) another name for the yield on a bond, assuming the bond is sold before it matures.
D) the total amount of interest payments made on a bond as a percentage of the amount borrowed.