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

B) Payments are made on bonds until a final repayment date, called the maturity date of the bond.

Which of the Following Statements Is False