A bondholder that owns a $1,000,10%,10-year bond has:
A)Ownership rights
B)The right to receive $10 per year until maturity
C)The right to receive $1,000 at maturity
D)The right to receive $10,000 at maturity
E)The right to receive dividends of $1,000 per year

Question

Quizplus · Accepted Answer

A bondholder has the right to receive the face value of the bond, which is $1,000, at maturity.

A Bondholder That Owns a $1,000,10%,10-Year Bond Has