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 the above.

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 the above.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Face value is the nominal value of a bond or stock, not necessarily related to its current market price or coupon amount.

Face Value Is