Multiple Choice
Zack owns a bond that will pay him $35 each year in interest plus a $1,000 principal payment at maturity.The $1,000 principal payment is called the:
A) coupon.
B) par value.
C) discount.
D) yield.
E) call premium.
F) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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