The type of bond whose present value is lesser than that of its face value is classified as Options: A . &nbspdiscount bond B . &nbsppremium bond C . &nbspcoupon bond D . &nbspinterest bonds

The type of bond whose present value is lesser than that of its face value is cl

Question

The type of bond whose present value is lesser than that of its face value is classified as

Options:

A . discount bond

B . premium bond

C . coupon bond

D . interest bonds

Answer: Option A
Answer: (a).discount bond

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