Under which of the following conditions will you receive the bond value equal to its face value?

Question

Quizplus · Accepted Answer

Holding the bond until maturity ensures that the investor will receive the full face value of the bond. Selling the bond at a premium means the investor receives more than the face value, while selling the bond at a discount means the investor receives less than the face value. The statement "Whenever you sell your bond" is too broad and does not take into account the possibility of selling at a premium or discount.

Under Which of the Following Conditions Will You Receive the Bond