A zero coupon bond pays no coupon payments at all. Rather, it simply has a par value and maturity date. This type of bond always
A zero coupon bond pays no coupon payments at all. Rather, it simply has a par value and maturity date. This type of bond always sells at a discount. Can you explain why that is the case?
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Zero coupon bonds are the bonds which does not car ry any coupon ... View full answer
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Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
10th edition
978-0077511388, 78034779, 9780077511340, 77511387, 9780078034770, 77511344, 978-0077861759
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