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A zero-coupon bond: Select one: O a. Has a price equal to the future value of the face amount given a specified rate of return.

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A zero-coupon bond: Select one: O a. Has a price equal to the future value of the face amount given a specified rate of return. O b. Is initially sold at a deep discount. O c. Has less interest rate risk than a comparable coupon bond. O d. Can only be issued by the Government

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