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44. A zero coupon bond: A) has more interest rate risk than a comparable coupon bond. B) can only be issued by the U.S. Treasury.
44. A zero coupon bond: A) has more interest rate risk than a comparable coupon bond. B) can only be issued by the U.S. Treasury. C) pays interest that is tax deductible to the issuer when paid. D) provides no taxable income to the bondholder until the bond matures. E) is sold at a large premium
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