A bond is a loan by an investor to the government or a company, which generally promises to pay a specified rate of interest and to repay a certain amount, the __________ value of the bond, at maturity.
A. base
B. face
C. initial
D. official
Answer:B
A bond is a loan by an investor to the government or a company, which generally promises to pay a specified rate of interest and to repay a certain amount, the __________ value of the bond, at maturity.
A. base B. face C. initial D. official