Redemption value

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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]

References[edit]

  1. ^ a b "Redemption Value". Retrieved November 12, 2007.