Examveda
Examveda

A bond whose price will rise above its face value is classified as

A. premium face value

B. premium bond

C. premium stock

D. premium warrants

Answer: Option B

Solution(By Examveda Team)

A bond whose price will rise above its face value is classified as premium bond. A premium bond is a bond trading above its face value or in other words; it costs more than the face amount on the bond.

This Question Belongs to Commerce >> Financial Management

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