Corporate bonds usually have a ________.

Question

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Corporate bonds usually have a par value of $1,000, which is the amount that the bondholder will receive at maturity. A bond's face value is also the same as its par value. The market price of a bond can vary from its par value depending on a number of factors, such as changes in interest rates or the issuer's credit rating. Corporate bonds also typically have a specified coupon rate paid annually, which is a fixed percentage of the bond's par value that the issuer pays out to the bondholder each year. However, this is not applicable to all corporate bonds.

Corporate Bonds Usually Have a ________