brace8685 brace8685
  • 27-11-2017
  • Business
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The face value of a bond, its initial sales price, is typically ____.

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Kalahira
Kalahira Kalahira
  • 10-12-2017
the same value. Let us understand that in the initial days of a bond the value is not set by the market. Rather, a value is artificially ascertained based on certain factors present given the status quo. However , as the days go by the performance of the bond in the market attributes itself some value. This in turn helps its future sale price increase.
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