Answer:
The correct answer is letter "C": the coupon rate times the par value.
Explanation:
Bond coupons represent the interest rate on the bond times its par value. Typically, the coupon is paid on a semi-annual basis. To determine the interest rate of the coupon, add all coupon payments for a given year and divide that amount by the face value. Coupons used to be printed on paper but they are mostly electronic nowadays.
