A zero-coupon bond is a bond that ________. a. Has no value b. Has no periodic coupon

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A zero-coupon bond is a bond that ________.

a. Has no value

b. Has no periodic coupon payments

c. Has been rated below investment grade

d. Both A and C

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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