At maturity, the issuer of a plain bond hands the holder the final coupon and the:
ASale price
BBank levy
CStock unit
DPar value
Answer & Solution
Correct answer: D. Par value
1. The loan itself must be repaid at the end.
2. The amount repaid is the face figure printed on the bond.
3. The holder receives the par value.
_Source: OpenStax Principles of Finance 2e, Chapter 10, Bonds and Bond Valuation._
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