- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 1. Fixed-Income Instrument Features
- Subject 1. Basic Features of a Fixed-Income Security
CFA Practice Question
The par value for most corporate bonds is ______.
B. $10,000
C. $100,000
A. $1,000
B. $10,000
C. $100,000
Correct Answer: A
Par value is the face value of a bond: generally $1,000 for corporate issues, higher denominations for government issues.
User Contributed Comments 5
| User | Comment |
|---|---|
| woori | normally USD 1,000 |
| cong | $1000 standard par-value for corporate bond issues. |
| gill15 | How does anybody know this? |
| jasonkwk | should specifically mean US corporate bond. |
| UcheSam | Thanks @Jasonkwk........my thought too. |