pure discount bond and bond that trades at a discount
Not what you're looking for?
What is the difference between a pure discount bond and a bond that trades at a discount?
Give me an example.
Purchase this Solution
Solution Summary
This solution explains the difference between a pure discount bond and a bond that trades at a discount
Solution Preview
When a bond is said to be a discount bond, this means that its current price is less than the par value.
For example, if a bond matures in 2 years and when it matures it pays the investors $100, and this only is currently selling for $99, then it is a discount bond.
A bond trading at discount means that its ...
Purchase this Solution
Free BrainMass Quizzes
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.