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bond coupon rate

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

The stated interest rate appearing on the face of the bond. Also referred to as the nominal rate or the stated interest rate.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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