Redemption value
Redemption value is the price at which the issuing company may choose to repurchase a security before its maturity date.[1] A bond is purchased "at a discount" if its redemption value exceeds its purchase price. It is purchased "at a premium" if its purchase price exceeds its redemption value.[1] Thus, the right will only be exercised at a discount. [2] See: Callable bond; Embedded option; Convertible bond.
References
[edit]- 1 2 "Redemption Value". Retrieved November 12, 2007.
- ↑ Callable or Redeemable Bonds, sec.gov
| Commodity money |
| |||||
|---|---|---|---|---|---|---|
| Money (Fiat/Token) | ||||||
| General |
| |||||
 | This economics-related article is a stub. You can help Wikipedia by adding missing information. |