A Bond's Face Value Can Also Be Called Its

question 40

Multiple Choice

A bond's face value can also be called its:

• A)Coupon payment
• B)Present value
• C)Default value
• D)Par value

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Definitions:

Complex Fraction

A fraction characterized by having a fraction in its numerator, denominator, or both parts.

Simplify

To reduce a mathematical expression or equation to its simplest form, making it easier to understand or solve.

Division

A mathematical operation in which a number, the dividend, is divided by another number, the divisor, to produce a quotient.

Simplify

To reduce a mathematical expression or equation to its simplest form without changing its value.