The par value of a bond
A) never equals its market value.
B) is determined by the investor.
C) generally is $1,000.
D) is never returned to the bondholder.
Answer: C
Business
You might also like to view...
The "Common Market of the South" in Latin America is used to describe:
A) SICA. B) Mercosur. C) Andean Community. D) CARICOM. E) FTAA.
Business
When fixed costs are part of a firm's cost structure, the percent of sales method will understate net
income and overstate discretionary financing needed, if sales are increasing. Indicate whether the statement is true or false
Business