Question
What separates zerobonds from normal bonds? (one answer) - They must begin to pay with every new year, not upon maturity. -They pay no interest
What separates zerobonds from normal bonds? (one answer) - They must begin to pay with every new year, not upon maturity. -They pay no interest before maturity - They pay only current bondholders -The pay only the initial bondholders - They are never paid back but changed into equity upon maturity - They have zero market value - They pay no interest, but give bondholders special rights
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Capitalism Without Capital The Rise Of The Intangible Economy
Authors: Jonathan Haskel, Stian Westlake
1st Edition
0691183295, 978-0691183299
