Question

The interest on investment is to be calculated on
of investment
o cost
number
lower of cost or market value
face value​

Answer 1

Answer:

Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the holder at maturity, typically in $1,000 denominations.