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    Par Value vs. Face Value of Bonds

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    If you looked at the bond trading pages online or in the newspaper and saw a bond price quote for a $1,000 par value bond of "96.500" you would know the actual dollar price of the bond was:

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    https://brainmass.com/business/bond-valuation/par-value-vs-face-value-of-bonds-545261

    Solution Summary

    This solution illustrates the difference between the par, or face, value of a bond and its market price.

    $2.19

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