The correct answer is: D. Value of bond.
The value of a bond is the present worth of all the amount the bondholder will receive through his possession of the bond. This includes the principal amount, plus any interest payments that are due. The value of a bond is determined by a number of factors, including the interest rate, the maturity date, and the creditworthiness of the issuer.
Par value is the face value of the bond, which is the amount that the issuer will repay at maturity. Face value is usually $1,000, but it can be any amount.
Redeemed value is the amount that the issuer will pay to the bondholder if the bond is redeemed before maturity. This is usually the par value, but it can be more or less, depending on the terms of the bond.
The value of a bond can be more or less than its par value. This is because the value of a bond is determined by the market, and the market can be volatile. If interest rates go up, the value of a bond will go down, and vice versa. If the issuer of the bond is considered to be a risky investment, the value of the bond will also go down.