The face value of a bond is
A) the price an individual pays to purchase the bond.
B) the amount that the issuer will have to pay upon maturity.
C) the market value of the bond.
D) the rate of return on the bond.
Ans: B) the amount that the issuer will have to pay upon maturity.
You might also like to view...
A fifty cent tax imposed on a pack of cigarettes is _____
a. a unit tax b. an ad valorem tax c. a retail sales tax d. relatively cheap
Of the following examples, which would most likely be performed by an economist working for American Airlines?
A) using economic models to analyze unemployment and inflation rates in Australia B) assessing whether automobile injuries are directly related to speed limits C) analyzing data related to passenger air traffic in China D) forecasting the demand for U.S.-produced organic produce over the next 15 years