Bonds question?

The rate of interest printed on the face of a note payable is called the:


A) Yield rate.


B) Effective rate.


C) Market rate.


D) Stated rate.

Bonds question?
D. stated rate.
Reply:It's D. The stated rate (never heard it called that before, though)


It's usually called the coupon or maybe the interest rate, or the rate payable.


It's definitely not a. neither b. or c.