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