Most corporate bonds have a face value of $1,000,are sold at a discount,and can only be redeemed at the maturity date.

Name: Most corporate bonds have a face value of $1,000,are sold at a discount,and can only be redeemed at the maturity date.
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While many corporate bonds do have a face value of $1,000, they may also be sold at a premium or par value. Additionally, some bonds may have call or put options that allow them to be redeemed before the maturity date.

Most Corporate Bonds Have a Face Value of $1,000,are Sold