The Par Value of a Bond Is

question 1

Multiple Choice

The par value of a bond is

• A) the amount originally paid for the bond.
• B) the amount that will be repaid at maturity date.
• C) all of the above.
• D) none of the above.

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Definitions:

Per Capita

A statistical measure that divides an aggregate by the number of individuals in a population to give an average.

Industrially Advanced

Pertaining to countries or regions that have highly developed and complex industrial sectors, often characterized by innovation and high levels of production and income.

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