Fill in the Blank QuestionFill in the blank question.Face value is the dollar amount the bondholder will receive at the bond's date.

The blank can be filled with the word "maturity."

The complete sentence will read: "Face value is the dollar amount the bondholder will receive at the bond's maturity date."

Explanation:

Face value, also known as par value, is the nominal value of a bond that is paid back to the bondholder at the maturity date. It is the amount that investors expect to get back when the bond reaches its expiration date, irrespective of the market price of the bond at that time. When bonds are issued, they are typically sold at face value, though they can trade at a discount or premium based on interest rates and other market conditions. Understanding the concept of face value is crucial for bond investors as it directly impacts the yield and repayment terms associated with bond investments.