Examveda
Examveda

Bond which is offered below its face value is classified as

A. present value bond

B. original issue discount bond

C. coupon issued bond

D. discounted bond

Answer: Option B

Solution(By Examveda Team)

Bond which is offered below its face value is classified as original issue discount bond. Bonds that trade at a value of less than face value would be considered a discount bond.

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