Question: Explain why some bonds are issued at a discount, and what happens to the carrying value of these bonds between their issuance date and maturity

Explain why some bonds are issued at a discount, and what happens to the carrying value of these bonds between their issuance date and date.

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When the interest rate required by the market ie investors is greater than the contract interest rate promised by the bond the bond will sell for less ... View full answer

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Explain why some bonds are issued at a discount, and what happens to the carrying value of these bonds between their issuance date and maturity date. Discuss.

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