Most bonds issued in the United States have ________ coupon payments and ________ face values.
A)annual; $1,000
B)annual; $500
C)semi-annual; $1,000
D)semi-annual; $500

Question

Quizplus · Accepted Answer

Most bonds issued in the United States have semi-annual coupon payments and $1,000 face values. This means that the interest payments are made twice a year (semi-annually) and the face value of the bond is $1,000, which is typically the amount that will be paid to the bondholder at maturity.

Most Bonds Issued in the United States Have ________ Coupon