Investment-grade bonds can usually be entered at face value on the books of banks and life insurance companies.

Question

Quizplus · Accepted Answer

Investment-grade bonds are typically considered safe and reliable investments, and as such, they can usually be entered at face value on the books of banks and life insurance companies. This means that their full value is recognized and recorded by these institutions, providing a level of security for bondholders.

Investment-Grade Bonds Can Usually Be Entered at Face Value on the Books