For a bond, a higher yield means a lower face value.

Name: For a bond, a higher yield means a lower face value.
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Question

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A higher yield on a bond typically means that the bond is selling for a lower price relative to its face value, not that its face value is lower. The yield is a function of the bond's price relative to its interest payments and face value, not the face value itself.

For a Bond, a Higher Yield Means a Lower Face