The future value of its cash flows.
Answer: Option C.
Explanation:
Bond valuation is a method for deciding the hypothetical reasonable estimation of a specific bond. Bond valuation incorporates computing the present estimation of a security's future premium installments, otherwise called its income, and the security's an incentive upon development, otherwise called its presumptive worth or standard worth.
Face value, otherwise called the par value, is equivalent to a security's cost when it is first given, however from that point forward, the cost of the security varies in the market as per changes in financing costs while the presumptive worth stays fixed.
