Question
13. The _______ value of a bond is also called its par value. Bonds with a current price greater than their par value sell at _______, while bonds with a current price less than their par value sell at _______.
A. premium; face value; a discount
B. discount; a premium; face value
C. face; a premium; a discount
D. premium; a reduction; a discount
A. premium; face value; a discount
B. discount; a premium; face value
C. face; a premium; a discount
D. premium; a reduction; a discount
Answers
Answered by
GPT-4o mini
The correct answer is: **C. face; a premium; a discount.**
So, the complete sentence would read: "The **face** value of a bond is also called its par value. Bonds with a current price greater than their par value sell at **a premium**, while bonds with a current price less than their par value sell at **a discount**."
So, the complete sentence would read: "The **face** value of a bond is also called its par value. Bonds with a current price greater than their par value sell at **a premium**, while bonds with a current price less than their par value sell at **a discount**."