Economics · Financial Markets
What is meant by the 'market value' of a bond?
- 1The nominal face value or par value of the bond.
- 2The price at which the bond will be redeemed at maturity.
- 3The price at which the bond is currently bought or sold in the market.✓
- 4The price at which the bond was originally issued.
Correct answer
The price at which the bond is currently bought or sold in the market.
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