This article aims to discuss, the stability and boundedness character of the solutions of the rational equation of the form \begin{equation}\label{eql21.1} y_{t+1}=\frac{\nu\epsilon^{-y_t}+\delta\epsilon^{-y_{t-1}}}{\mu+\nu y_t+\delta y_{t-1}},\quad t\in N(0). \end{equation} Here, $\epsilon>1, \nu,\delta,\mu\in (0,\infty)$ and $y_0, y_1$ are taken as arbitrary non-negative reals and $N(a)=\{a,a+1,a+2,\cdots \}$. Relevant examples are provided to validate our results. The exactness is tested using MATLAB.