Asked by
Bradley Bowles
on Oct 15, 2024
Verified
Bond market values are expressed as a percent of their par (face)value.
Market Values
The present cost at which a product or service may be purchased or sold in an open market.
Par Value
The face value of a stock or bond, representing the nominal or dollar value assigned when issued.
- Identify the differences between the market value and the face value of bonds.
Verified Answer
LD
Learning Objectives
- Identify the differences between the market value and the face value of bonds.