Which of the following is TRUE about a bond's face (par) value? Select one: a. the face value of a bond is the same as the bond's price b. the par value of a bond is the interest payment c. the face value of a bond changes when yields change d. the value of a bond will always be equal to par at maturity.
Which of the following is TRUE about a bond's face (par) value? Select one: a. the face value of a bond is the same as the bond's price b. the par value of a bond is the interest payment c. the face value of a bond changes when yields change d. the value of a bond will always be equal to par at maturity.
Chapter4: Time Value Of Money
Section4.6: Perpetuities
Problem 2ST
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Which of the following is TRUE about a bond's face (par) value?
Select one:
a.
the face value of a bond is the same as the
b.
the par value of a bond is the interest payment
c.
the face value of a bond changes when yields change
d.
the value of a bond will always be equal to par at maturity.
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