Which of the following is true about the face value of a bond?
A) It is the notional amount we use to compute coupon payments.
B) It is the amount that is repaid at maturity.
C) It is usually denominated in standard increments, such as $1,000.
D) All of the above are true.

Question

Quizplus · Accepted Answer

The face value of a bond is indeed the notional amount used to calculate coupon payments, the amount repaid at the bond's maturity, and is typically denominated in standard increments like $1,000.

Which of the Following Is True About the Face Value