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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

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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 bandholders They are never paid back, but changed into equity upon maturity They have zero market value They pay no interest, but are bondholders special nights

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