Examlex
At the maturity date,the carrying value will equal the face amount of the bond.
Zero-Coupon Bonds
Bonds issued at a discount to their face value, paying no periodic interest but redeemed at par value at maturity.
Par Value
The face value of a bond or stock, as stated by the issuing company.
Life Insurers
Companies that provide policies to individuals that pay beneficiaries upon the policyholder’s death, or provide coverage for other life-related risks.
Pension Funds
Investment pools that collect and invest funds contributed by employers and employees for retirement benefits.
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