For example, as a preparer or user, knowing that a zero-coupon bond matures in 10 years, how do you use the implicit interest rate to compute the periodic interest expense?

例如，无论你是制作者或是使用者，要是你知道一个零票息债券10年内到期，你会如何利用隐含利率去计算出每期间的利息支出呢？

youdao

If a bond has a 7% nominal yield or coupon and was purchased at a premium of $103 ($1030), then your YTM will calculate lower because the 7% interest is only paid to the $1000 par.

如果债券的名义收益率7％或优惠券，在103元（1030美元）的溢价购买，那么您油尖旺将计算出较低的，因为只有7％的利息支付给1000美元的面值。

youdao

Coupon is paid by a fixed-interest bond each year or each half year.

票面利率固定的债券通常每年或每半年付息一次。

youdao

All things equal, for typical bonds the longer the maturity the higher the duration (or price volatility from interest rate movements), and the smaller the coupon the higher the interest rate risk.

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The most popular and widely held munis are general obligations of the issuer, and its coupon interest is usually paid by specific revenues such as water usage or sales tax revenues.

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The coupon amount is the amount of interest paid to bondholders, normally on an annual or semiannual basis.

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