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Which of the following is not a characteristic of a zero-coupon bond? It provides a means for corporations to take annual deductions without cash being

Which of the following is not a characteristic of a zero-coupon bond?

It provides a means for corporations to take annual deductions without cash being exchanged.

It doesn't pay interest during the life of the bond.

It is sold at a deep discount from face value.

The bond's price does not change during the life of the bond.

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