Coupon interest rate
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.
