Introduction to Bond Math
02/10/2008 · - Also known par amount, or face value, of a bond to be paid back on the maturity date – Typically, bonds are sold in $5,000 principal denominations, often $100,000 for variable rate bonds . Maturity Date Principal . 1/1/2011 $8,705,000 1/1/2012 $9,005,000 ................
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