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bond interest rate

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

The interest rate stated on a bond. This is also referred to as the face interest rate, nominal interest rate, and coupon 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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