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The sum which is paid at the hour of development of the bond is equivalent to?
17. The sum which is paid at the hour of development of the bond is equivalent to?
- Discount
- Corporate Bonds
- Face Value
- Yield
Answer: C) Face Value
Explanation:
A stock's assumed worth is the underlying expense of the stock, as shown on the declaration of the stock being referred to; a bond's presumptive worth is the dollar figure due to be paid to the financial backer when the bond arrives at development.