When the selling price of a bond is stated at 100, it means that the bonds are selling

Question

Quizplus · Accepted Answer

A bond selling at 100 means it is selling at face value, which is the original price of the bond when it was issued. If the bond is selling at a premium, it would be sold for more than 100 and if it is selling at a discount, it would be sold for less than 100. If the bond is selling below par value, it means it is being sold for less than the bond's face value.

When the Selling Price of a Bond Is Stated at 100