alleryThe amount borrowed by the issuer of a bond, also called par value, is the:
AProvision
BPremium
CPrivilege
DPrincipal
Answer & Solution
Correct answer: D. Principal
1. Interest is paid on top of it.
2. It is repaid at maturity.
3. It is the principal.
_Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
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