Zack owns a bond that will pay him 35 each year in interest

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.

Solution

correct option is \"B\"

Repayment of principal payment at maturity is called Face value or par value