A zero-coupon bond a. has a coupon that declines to 0 over its life b. Only pays out its face value c. Can't be issued
A zero-coupon bond
a. has a coupon that declines to 0 over its life
b. Only pays out its face value
c. Can't be issued for a period less than 10 years
d. Has a market price greater than its face value
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Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
