GPfefferkorn5532 GPfefferkorn5532
  • 22-01-2018
  • Business
contestada

A bond with a face value of $1,000 that sells for $1,000 in the market is called a _____ bond.

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Jamesderrington1 Jamesderrington1
  • 22-01-2018
have any answers to the question
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TheBlueFox
TheBlueFox TheBlueFox
  • 09-08-2019

A bond with a face value of $1,000 that sells for $1,000 in the market is called a par bond.

When a bond trades for its face amount, this is called a flat or a par bond. There is no gain or loss compared to the face value.

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