Which one of the following statements about vanilla bonds is NOT true?
A) They have no special provisions.
B) The face value, or par value, for most corporate bonds is $1,000.
C) Coupon payments are usually made quarterly.
D) The bond's coupon rate is calculated as the annual coupon payment divided by the bond's face value.

Question

Quizplus · Accepted Answer

Vanilla bonds typically make coupon payments semi-annually, not quarterly.

Which One of the Following Statements About Vanilla Bonds Is