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Marizza181 [45]
3 years ago
10

the interest rate that determines the amount of cash interest paid each interest date is referred to as the

Business
1 answer:
viktelen [127]3 years ago
5 0

Answer:

Stated interest rate

Explanation:

The stated interest rate is the rate of interest in which the value of the cash interest that has to paid on each date of interest

The value of the cash interest paid could be determined by applying the following formula

= Face value of the securities × Stated interest rate

Therefore as per the given situation, the stated interest rate is the answer and the same is to be considered

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