What is the difference between "Discounted Value" and "Full Face Value" when investing in a Commercial Paper?

When investing in a Commercial Paper on the app, you're required to enter your investment amount and choose a payment option: “Discounted Value” or “Full Face Value.” Here’s what each option means:

• Discounted Value:
   This option allows you to pay less than the full face value of the Commercial Paper upfront.
   The amount you pay is determined by the discount rate of the investment.
   At maturity, you will receive your principal and the interest earned.
   This option is great if you want to pay less upfront but still earn returns.
  
  

• Full Face Value:
   With this option, you pay the entire face value of the Commercial Paper upfront, without any discount.
   At maturity, you receive the face value plus interest based on the offer.
  
  

Both options give you flexibility to choose the payment structure that best suits your financial goals