What is the difference between issue price n redemption price?
Answers:
You're chitchat of bonds?
Every bond have a obverse meaning, read out $1m, and a coupon or stated interest rate, read out, 6%. But the souk rate fluctuates. A bond can flog for more or smaller quantity than the frontage utility depending on whether the flea market or concede rate is better or lower than the coupon rate.
A bond sell for lower than frontage convenience if the souk rate is complex than the coupon rate, i.e. it sell at a discount. A bond sell for high than the frontage advantage if the flea market rate is lower than the coupon rate, i.e. it sell at a premium.
A bond is other redeem for its facade good point.
You can read the oration at the correlation.