The face value, also known as the par value, is the nominal or stated value of the
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The face value, also known as the par value, is the nominal or stated value of the bond, and it represents the amount the issuer agrees to repay to the bondholder at the bond's maturity. The face value, also known as the par value, is the nominal or stated value of the bond, and it represents the amount the issuer agrees to repay to the bondholder at the bond's maturity. True False??
Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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