Another phrase for fair value of a bond is

Question

Quizplus · Accepted Answer

Fair value of a bond is the same as the market value of the bond, which is determined by the current market conditions and the interest rates. The book value of a bond is the value reported on the company's financial statements, which may not reflect the current market conditions. Adjusted value and projected value are not common phrases used for determining the value of a bond. Face value is the nominal value of a bond, which is usually paid at maturity and may not reflect the current market conditions. Therefore, the best choice for another phrase for fair value of a bond is C) Market value of the bond.

Another Phrase for Fair Value of a Bond Is