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The Face Value of a Bond Is

Question 29

Multiple Choice

The face value of a bond is:


A) the value of the bond at maturity plus the price of the bond at purchase.
B) the value of the bond at maturity minus the price of the bond at purchase.
C) the price of the bond at purchase.
D) the value of the bond at maturity; the amount due at repayment.
E) the price of the bond at purchase minus the face value of the bond.

Correct Answer:

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