Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

When the contract rate of the bonds is higher than the market rate, the bond sells at a higher price than par value. The amount by which the bond price exceeds par value is the _______ on bonds.

Sagot :

The amount by which the bond price exceeds par value is the added on bonds.

What is a bond?

It represent and agreement between the borrower and the lender usually given on loan.

Bond is usually in written form and it is a legal binding between the parties involved.

Therefore, The amount by which the bond price exceeds par value is the added on bonds.

Learn more on bond here,

https://brainly.com/question/25965295

#SPJ1

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.