Snyder Mfg. issued a $1,000 face value 30-year bond 5 years ago with an 8% coupon. The
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Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...
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