A bond certificate states the amount the issuer will repay at the end of the term. That stated amount is the:
APar value
BPay ratio
CPrice index
DProfit share
Answer & Solution
Correct answer: A. Par value
1. The figure is printed on the bond itself.
2. It is what the holder gets back at maturity.
3. That amount is the par value, also called face value.
_Source: OpenStax Principles of Finance 2e, Chapter 10, Bonds and Bond Valuation._
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