A $1,000, 8% bond sells for 980. $1,000 is called the ________

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asked Jul 3, 2018 29.2k views

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Igor Parra · Answer 1 · 2018-07-07T17:08:36+0000

The correct word to fill in the blank is:

Par Value

Also called face value, the par value refers to the bond value as stated in the bond certificate. This is the value of the bond in which the issuer will redeem at the time of maturity.

A $1,000, 8% bond sells for 980. $1,000 is called the ________

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