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Which of the following is true about the face value of a bond? 1 It is usually denominated in standard increments, such as $1,000. 2

Which of the following is true about the face value of a bond?

1

It is usually denominated in standard increments, such as $1,000.

2

It is the amount that is repaid at maturity.

3

It is the notional amount we use to compute coupon payments.

4

All of the above are true.

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