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ch4aika [34]
3 years ago
9

A bond with a face value of $1,000 that sells for $1,000 in the market is called a _____ bond.

Business
2 answers:
Kay [80]3 years ago
7 0

A bond with a face value of $1,000 that sells for $1,000 in the market is called a par bond.

When a bond trades for its face amount, this is called a flat or a par bond. There is no gain or loss compared to the face value.

sleet_krkn [62]3 years ago
6 0
Have any answers to the question
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