HomeTestsSearchRankProfile
mediumMCQMathematics Mock Test - 62026Mathematics
23 attempts13% success rate1 mark

A bond is said to be selling at a discount when:

  1. A
    Market price of the bond is less than par value
  2. B
    Market price of the bond is more than par value
  3. C
    Market price of the bond is equal to par value
  4. D
    None of the above

Solution & Step-by-step Explanation

1. Par Value (Face Value): The value stated on the bond certificate.2. Discount: When the market price is lower than the par value ().3. Premium: When the market price is higher than the par value ().4. At Par: When the market price equals the par value ().

Practice this question

Try it yourself before checking the explanation above.

A bond is said to be selling at a discount when:
A
Market price of the bond is less than par value
B
Market price of the bond is more than par value
C
Market price of the bond is equal to par value
D
None of the above

Share This Question

financial mathematicsbonds

Related Questions

easyMCQ

Which one of the following statements is true?

easyMCQ

Which of the following statements is not correct?

easyMCQ

Which one of the following statements is correct?

easyMCQ

The product formed by the reaction of an aldehyde with a primary amine is:

easyMCQ

Which part of the tobacco plant is infected by Meloidogyne incognita?

easyMCQ

The term ecosystem was coined by:

Ready for a Full Test?

Practice with timed mock tests and track your performance across Mathematics.

Browse TestsLeaderboard

Discussion