Introduction to Bonds - George Brown College
Bonds can be thought of as printed contracts. The terms of the contract include: • Face value (a.k.a. par value. or . denomination) – the amount owed to the holder of the bond when it matures. • Bond rate (a.k.a. coupon rate. or . nominal rate) – the rate of interest paid based on the face value of the bond (bond rates are usually paid ... ................
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