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Corporate bonds usually have a ________. market price of $1,000 specified coupon rate paid annually par...

Corporate bonds usually have a ________.

market price of $1,000

specified coupon rate paid annually

par value of $1,000

face value of $5,000

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Answer #1

Par value of corporate bond is mostly $1,000. These are small in value to encourage liquidity of the small corporate bonds.

Hence, correct option is “par value of $1,000”

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