Editor's note (December 21, 2025): On Nov. 6, 2025, ESPN and PENN Entertainment announced an early termination of their online sports betting agreement. ESPN BET rebranded to theScore Bet in the U.S.

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A bond's coupon rate is fixed, specifying the annual payment relative to the bond's face value. Calculating bond coupon rate is straightforward: divide annual payments by the bond's face value. Yield ...