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The interest rate to be paid on the face amount of the bond is called the a. contract rate. b. effective rate. c. discount rate. d. premium.

The interest rate to be paid on the face amount of the bond is called the a. contract rate. b. effective rate. c. discount rate. d. premium.
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The interest rate to be paid on the face amount of the bond is called the

a. contract rate.
b. effective rate.
c. discount rate.
d. premium.

asked
User William Chan
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8.9k points

1 Answer

1 vote
The interest rate to be paid on the face amount of the bond is called contract rate
answered
User Vivek Parmar
by
7.9k points
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