If bonds with a face value of $200,000 are sold at par, the amount of cash proceeds is:
A)$202,000.
B)$200,000.
C)$196,000.
D)$192,157.

Name: If bonds with a face value of $200,000 are sold at par, the amount of cash proceeds is: A)$202,000. B)$200,000. C)$196,000. D)$192,157.
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Question

Quizplus · Accepted Answer

When bonds are sold at par, it means that they are sold at their face value. Therefore, the amount of cash proceeds will be equal to the face value, which in this case is $200,000.

If Bonds with a Face Value of $200,000 Are Sold