Question
How are investors in zero-coupon bonds compensated for making such an investment? a-Such bonds make regular interest payments. b-Such bonds have a lower face value
How are investors in zero-coupon bonds compensated for making such an investment?
a-Such bonds make regular interest payments.
b-Such bonds have a lower face value as compared to other bonds of similar term.
c-Such bonds are purchased at their face value and sold at a premium on a later date.
d-Such bonds are purchased at a discount, below their face value.
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
7th edition
978-0077616472, 77616472, 78034647, 978-0071314749, 71314741, 978-0078034640
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