127k views
5 votes
On the date the bond term matures, the face value of the bond plus interest is paid back to you. True False

User Ron Maupin
by
6.3k points

2 Answers

3 votes

Answer:

This is false

Explanation:

Because the bond may fall down and not reach its face value meaning it makes you less money

User DavidEG
by
7.3k points
1 vote
when the bond reaches its maturity date, and the final interest payment and the original sum you loaned (the principal) are paid to you
User Javier Luraschi
by
6.2k points
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