If a bond is redeemed at par, then which

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Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

If a bond is redeemed at par, then which of the following statements holds true ?

Options:

Redemption price < face value

Redemption price > face value

Redemption price = face value

Redemption price = coupon rate

Correct Answer:

Redemption price = face value