What is the stated or coupon rate of a bond

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Reference no: EM131342677

1. What is the stated or coupon rate of a bond?

2. How does a bond's stated rate differ from its yield rate? Which one is used to calculate the interest payment?

3. How does a secured bond differ from an unsecured bond?

4. What does it mean if a bond is ‘‘callable''?

Reference no: EM131342677

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