Question
Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments.
Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. A bond's par value can also be called as which of the below?
| coupon payment. | ||
| face value. | ||
| present value. | ||
| market value. |
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
0128104414, 978-0128104415
