What will a bond be worth on the day it matures?
A) $0
B) $100
C) Its face value (plus remaining coupon, if applicable)
D) Its remaining coupon, if applicable

Name: What will a bond be worth on the day it matures? A) $0 B) $100 C) Its face value (plus remaining coupon, if applicable) D) Its remaining coupon, if applicable
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Question

Quizplus · Accepted Answer

On the day a bond matures, it is worth its face value, and if there is any remaining coupon payment due, that will also be paid.

What Will a Bond Be Worth on the Day It