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Bond Selling Price
The market price at which a bond is traded, which may be above (premium) or below (discount) its face value.
Par Value
The nominal or face value of a security or currency, as stated by the issuer.
Market Rate
The current price or rate at which goods, services, or securities are traded in the open market.
Discount on Bonds Payable
The difference between a bond's face value and its selling price when it is sold for less than its face value.
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