Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Which of the following is TRUE about a bond's face (par) value?
Select one:
a.
the face value of a bond is the same as the
b.
the par value of a bond is the interest payment
c.
the face value of a bond changes when yields change
d.
the value of a bond will always be equal to par at maturity.
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