Hi sir, i came across 2 question. In one question a bond was treated as a non- tradeable debt. And in another question, it was treated as a tradeable debt.
So am i right to say that if the question states the current market value of the bond(Po) , it will be treated as a tradeable debt.
If it doesn’t it will be treated as a non-tradeable debt ?
That is probably the case (although even if it is tradeable there are times when you could be asked to calculate the market value and not be given it).