The face value of a bond is the ____.
a.
amount for which it sells
b.
amount it is worth when it is issued
c.
amount it pays at maturity
d.
purchase price plus its yield
The face value of a bond is the amount it pays at maturity.
Asked 12/9/2015 10:32:28 PM
Updated 12/15/2015 2:04:42 AM
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jeifunk [12/15/2015 2:04:42 AM]
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