The face or par value for most corporate bonds is equal to $1,000, and it is the principal amount owed to bondholders at maturity.

Name: The face or par value for most corporate bonds is equal to $1,000, and it is the principal amount owed to bondholders at maturity.
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The statement is true. The face or par value for most corporate bonds is indeed equal to $1,000, and this is the amount that bondholders will receive at the bond's maturity.

The Face or Par Value for Most Corporate Bonds Is