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A zero coupon bond: A . is sold at a large premium. B . has a price equal to the future value of the face
A zero coupon bond:
A is sold at a large premium.
B has a price equal to the future value of the face amount given a specified rate of return.
C can only be issued by the US Treasury.
D has less interest rate risk than a comparable coupon bond.
E has implicit interest which is calculated by amortizing the loan.
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