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A bond discount is the amount by which a bond's quoted price exceeds its face value. the present value of the bond's face value that
A bond discount is
the amount by which a bond's quoted price exceeds its face value.
the present value of the bond's face value that is paid out on the bond's maturity date
the amount by which a bond's face value exceeds its quoted price.
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The Art Of Managing Finance
Authors: David Davies
3rd Edition
0077091787, 9780077091781
