Question

A​ ________ pays the owner a fixed coupon payment every year until the maturity​ date, when the​ ________ value is repaid.

a. coupon​ bond; discount
b. discount​ bond; discount
c. coupon​ bond; face
d. discount​ bond; face

Answer 1

c.coupon bond; face
A coupon bond pays the owner a fixed coupon payment every year until the maturity date, when the face value is repaid.