Question: Zack owns a bond that will pay him $35 each year in interest plus a $1,000 principal payment at maturity. The $1,000 principal payment is
Zack owns a bond that will pay him $35 each year in interest plus a $1,000 principal payment at maturity. The $1,000 principal payment is called the:
| coupon. | ||
| par value. | ||
| discount. | ||
| yield. | ||
| call premium. | ||
| None of the above. |
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