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Posted on Oct 19, 2024

Suppose we observe a bond currently priced at $ 1 , 0 6 6 . its face value is $ 1 0 0 0 .

Suppose we observe a bond currently priced at

1, 066 .

its face value is $

1000 .

We would refer to this

as a

Junk Bond

Discount Bond

Par Bond

Premium Bond

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