Another name for the lump sum cash flow that occurs when a bond matures is the:
A)face value.
B)maturity value.
C)par value.
D)All of the above could be used to describe the cash flow in question.

Question

Quizplus · Accepted Answer

All three terms (face value, maturity value, and par value) can be used interchangeably to describe the lump sum cash flow that occurs when a bond matures.

Another Name for the Lump Sum Cash Flow That Occurs