The __________ of a bond is the face value, or amount of principal that the bond is worth when the principal amount is due.

Question

Quizplus · Accepted Answer

The par value of a bond is the face value or principal amount that the bond is worth when it reaches maturity. The coupon rate is the interest rate that the bond pays, the maturity is the length of time until the bond reaches maturity, the current yield is the bond's annual interest payment divided by its current market price, and the yield to maturity is the total return anticipated on a bond if held until it matures.

The __________ of a Bond Is the Face Value, or Amount