During their lifetime,bonds can be sold for more or less than their face value depending on the demand for these particular bonds.

Question

Quizplus · Accepted Answer

This is because the market value of bonds is affected by factors such as interest rates, inflation, and the creditworthiness of the issuer. If demand for the bond is high (i.e. many investors want to buy it), the price of the bond will increase and it may be sold for more than its face value. Conversely, if demand for the bond is low (i.e. few investors want to buy it), the price of the bond will decrease and it may be sold for less than its face value.

During Their Lifetime,bonds Can Be Sold for More or Less