Face value is:
A) always higher than current price.
B) always lower than current price.
C) the same as the current price.
D) the coupon amount.
E) None of these.

Name: Face value is: A) always higher than current price. B) always lower than current price. C) the same as the current price. D) the coupon amount. E) None of these.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Face value is the nominal value of a bond or stock as stated by the issuer, and it does not necessarily relate to the current market price or coupon amount.

Face Value Is