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Bert owns a bond that will pay him $ 4 5 each year in interest plus $ 1 , 0 0 0 as a principal
Bert owns a bond that will pay him $ each year in interest plus $ as a principal payment at maturity. What is the $ called?
Multiple Choice
Dirty price
Discount
Yield
Face value
Coupon
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
