How does a bonds Par value differ from its market value?
How does a bond’s Par value differ from its market value?
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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Answer
Bonds Valuation:- Bonds are long-term debt securities that are issued by corporations and governmen…View the full answer
Related Book For 
Cornerstones of Financial and Managerial Accounting
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
ISBN: 978-1111879044