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Top Answer out of 6 by Rinky Dinky Do on Aug 16, 2009 at 7:45 pm Permalink
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Answer 2 out of 6 by hunter1127 on Aug 16, 2009 at 7:42 pm Permalink
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Looks like it is only worth about $41.68.
oh so it will only be worth $50 at maturity?
Correct. You buy them at half the face value and they reach face value at maturity. Kind of a marketing scam if you ask me.
Answer 4 out of 6 by Anonymous T. Jackson on Aug 16, 2009 at 7:24 pm Permalink
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Answer 5 out of 6 by FaceNthaBackground on Aug 16, 2009 at 7:21 pm Permalink
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Answer 6 out of 6 by anothergrl on Aug 16, 2009 at 7:21 pm Permalink
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I thought a $50 bond is only worth $50 at maturity? It cost $25 when bought.
Oh. Well I thought any bond accured interest until cashed. It can be the way you say, not sure.
I think I may be right. I'm not 100 % sure, but I think I may be right.
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