Ahmad purchases a bond that will pay him $123 interest each year plus a $1,560 principal that will pay at the maturity date. What is the $1,560 called? Select one: O None of the answers are correct O...

Ahmad purchases a bond that will pay him $123 interest each year plus a $1,560 principal that will pay at the maturity date.<br>What is the $1,560 called?<br>Select one:<br>O None of the answers are correct<br>O discount<br>O face value<br>O yield<br>O coupon<br>

Extracted text: Ahmad purchases a bond that will pay him $123 interest each year plus a $1,560 principal that will pay at the maturity date. What is the $1,560 called? Select one: O None of the answers are correct O discount O face value O yield O coupon

Jun 05, 2022

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Ahmad purchases a bond that will pay him $123 interest each year plus a $1,560 principal that will pay at the maturity date. What is the $1,560 called? Select one: O None of the answers are correct O...

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