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Why would an investor purchase a bond trading at a premium if they expected the value...

Why would an investor purchase a bond trading at a premium if they expected the value of the bond to drop over time?

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If the price of a bond is more than it face value that means bond is selling at premium and gradually it will drop over time and its value will be equal to its face value at time of maturity. An investor purchases a bond trading at a premium because of its creditworthiness. The interest rate of such bond is higher than the market interest rate as investors are willing to pay more as they perceive lessor risk of investment in such bonds. Therefore even they expected the value of the bond to drop over time then also investor purchase a bond trading at a premium.

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