redemtion value of bonds

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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August 9, 2022 at 7:12 am #662729
AFNAAAN
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sir what to do if redemtion value of bond isnt given?
should we assume tht bond is redeemed at nv 100?
August 9, 2022 at 9:09 am #662752
John Moffat
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Yes. Bonds are always redeemed at the nominal/par value unless told otherwise.
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