The specified date on which the principal amount of a bond is repaid is called the bond's:
A)coupon.
B)face value.
C)maturity.
D)yield to maturity.
E)coupon rate.

Question

Quizplus · Accepted Answer

The specified date on which the principal amount of a bond is repaid is called the bond's maturity. Coupon refers to the interest payments made periodically by the bond issuer to the bondholder, face value is the amount of money the bondholder will receive at maturity, yield to maturity is the total return anticipated on a bond if it is held until it matures, and coupon rate is the annual interest rate paid on a bond.

The Specified Date on Which the Principal Amount of a Bond