27. A legal promise to repay a debt is called:?

Question

27. A legal promise to repay a debt is called:

A. equity.

B. stock.

C. a bond.

D. a dividend.

E. the principal amount.

28. The interest rate promised when a bond is issued is called the:

A. coupon rate.

B. real rate of interest.

C. real after-tax rate of interest.

D. dividend rate.

E. discount rate.

Answer 1

27.B

28.A.

Answer 2

C. a bond.

A. coupon rate.

Answer 3

27. A legal promise to repay a debt is called:

correct answer:

C. a bond.

28. The interest rate promised when a bond is issued is called the:

correct answer-

A. coupon rate.