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The correct response is a. The maturity value of a promissory note is the face value of the note plus the interest due to the maturity date.
A financial concept known as "face value" refers to a security's nominal or monetary value as indicated by its issuer. The original cost of the stock, as stated on the certificate, serves as the face value for stocks. The term "face value" refers to the nominal or monetary worth of a security; the issuing party declares the face value. The face value of a stock is its initial purchase price, as stated on its certificate; the face value of a bond is the amount that will be paid to the investor when the bond matures. Because there are other other influencing factors at work, such as supply and demand, the face value of a stock or bond is not a reliable indicator of its actual market worth.
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