The Par Value of a Bond Is

question 89

Multiple Choice

The par value of a bond is:

• A) the value of the bond at maturity plus the price of the bond at purchase.
• B) the value of the bond at maturity minus the price of the bond at purchase.
• C) the price of the bond at purchase.
• D) the value of the bond at maturity; the amount due at repayment.
• E) the price of the bond at purchase minus the face value of the bond.

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Definitions:

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