Examlex
Regarding the retina, which of the following statements is FALSE?
Coupon Bond
A bond that pays the holder a fixed interest rate (the coupon) periodically until maturity, at which point the principal and final interest payment are made.
Par Value
Par value is the face value of a bond or stock as stated by the issuing company, which does not necessarily reflect its market value.
Convertibles
Securities, typically bonds or preferred shares, that can be converted into a predetermined number of common shares at the option of the holder.
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