Difference between revisions of "Coupon interest rate"
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| − | + | [[Coupon interest rate]] is the stated rate of interest on a bond; defined as the coupon payment divided by the par value. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Coupon interest rate]]. Stated rate of interest on a bond; defined as the coupon payment divided by the [[par value]]. |
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Coupon interest rate]]. The stated annual interest rate on a bond. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 23:11, 1 November 2019
Coupon interest rate is the stated rate of interest on a bond; defined as the coupon payment divided by the par value.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Coupon interest rate. Stated rate of interest on a bond; defined as the coupon payment divided by the par value.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Coupon interest rate. The stated annual interest rate on a bond.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
