Which of the following statements is FALSE?
A)The principal or face value of a bond is the notional amount we use to compute the interest payments.
B)Payments are made on bonds until a final repayment date,called the term date of the bond.
C)The coupon rate of a bond is set by the issuer and stated on the bond certificate.
D)The promised interest payments of a bond are called coupons.

Question

Quizplus · Accepted Answer

The final repayment date of a bond is called the maturity date, not the term date.

Which of the Following Statements Is FALSE