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Define the term bond issued at par. A bond issued at par is a bond in which its consideration amount is exactly equal to the
Define the term bond issued at par.
A bond issued at par is a bond in which its consideration amount is exactly equal to the principal amount.
Define the term bond issued at discount. Provide an example that includes calculations to explain your definition.
A bond is issued at discount when the bond is sold at less than its face value.
Define the term bond issued at a premium. Provide an example that includes calculations to explain your definition.
This is when a bond is sold at a price that is above the bonds par value.
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