Define coupon and market/effective interest rates as
they determine bond pricing at par, premium, or discount
values.
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Accounting
Define coupon and market/effective interest rates asthey determine bond pricing at par, premium, or discountvalues.
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Coupon rate is the fixed annual interest paid by the issuer to the bondholdergovernment and non govt entities issue bonds to raise money to finance their operations Coupon rate remains fixed over the
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