Asked by Christopher Severson on May 05, 2024
Verified
Which of the following would NOT be listed on the face of a bond?
A) The coupon interest rate.
B) The maturity date.
C) The market price of the bond.
D) The coupon payment to be made.
E) The name of the issuer.
Market Price
The latest trading price for an asset or service on the market.
Coupon Interest Rate
The annual interest rate paid on a bond's face value by its issuer, providing regular income to bondholders.
- Comprehend the structure and components of a bond, including the difference between the face value, market price, clean price, and dirty price.
Verified Answer
KF
Khadra FarahMay 06, 2024
Final Answer :
C
Explanation :
The market price of the bond would not be listed on the face of a bond because it fluctuates based on market conditions. The face of a bond typically includes fixed information such as the coupon interest rate, maturity date, coupon payment, and the name of the issuer.
Learning Objectives
- Comprehend the structure and components of a bond, including the difference between the face value, market price, clean price, and dirty price.