The face value of a loan is a relatively formal value used to calculate interest payments. In the simplest cases, it equals the amount of money the issuer received for each bond and the amount that it will repay upon redemption. Also called nominal value or par value.
Face value(See Chapter 26 of the Vernimmen)
The face value of a loan is a relatively formal value used to calculate interest payments. In the simplest cases, it equals the amount of money the issuer received for each bond and the amount that it will repay upon redemption. Also called nominal value or par value.
The face value of a loan is a relatively formal value used to calculate interest payments. In the simplest cases, it equals the amount of money the issuer received for each bond and the amount that it will repay upon redemption. Also called nominal value or par value.