The principal value is also referred to as the maturity value because:
A) it is always repaid at maturity in one installment.
B) it is written on the face of the debt contract.
C) it is repaid at the maturity date.
D) it is added to interest payments to be repaid at the maturity date.
E) it is issued at a value below par value to generate a positive capital gain.
Correct Answer:
Verified
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