2007-03-09 17:25:05 · 4 answers · asked by jane l 1 in Business & Finance ➔ Other - Business & Finance
Par value is the face value. It is printed on the face of the certificate. It can be any amount.
For instance, if the face value on a bond is $1,000, that is the actual value that the issuer will pay at the end of its life. If it is a 10% interest rate, the effective interest rate can be manipulated by changing the market value of the bond (selling it for more or less than par).
2007-03-09 18:38:33 · answer #1 · answered by danny_boy_jones 5 · 0⤊ 0⤋
Par value refers to the dollar value per share in a closely held company. Par value is usually set at $1.00 per share. Par value is not to be confused with market value.
2007-03-10 01:32:11 · answer #2 · answered by jim_elkins 5 · 0⤊ 1⤋
When a bond is issued at par - it means the bonds face value.
2007-03-11 13:15:59 · answer #3 · answered by splendik 1 · 0⤊ 0⤋
= face value
2007-03-10 01:32:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋