Bonds usually sell at their:
A) Maturity value.
B) Face value.
C) Present value.
D) Statistical expected value.

Question

Quizplus · Accepted Answer

Bonds typically sell at their present value, which is the discounted value of their future cash flows (interest payments and the repayment of the principal at maturity). This accounts for the time value of money, where a dollar received in the future is worth less than a dollar received today.

Bonds Usually Sell at Their