When a bond sells for 100,the bond is selling at ________.
A)a discount
B)a premium
C)par
D)the stated rate

Question

Quizplus · Accepted Answer

When a bond sells for 100, it is selling at par value. Par value is the face value of the bond, or the value at which it was originally issued. If the bond were selling for less than its par value, it would be selling at a discount. If it were selling for more than its par value, it would be selling at a premium.

When a Bond Sells for 100,the Bond Is Selling at ________