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Which of the following bonds makes no interest payments? Select one: a.a bond whose coupon rate is equal to the market interest rates b.a bond
Which of the following bonds makes no interest payments?
Select one:
a.a bond whose coupon rate is equal to the market interest rates
b.a bond whose coupon rates are greater than market interest rates
c.a bond whose coupon rates are less than the market interest rates
d.zero-coupon bond
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