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Which ONE of the following statements is wholly CORRECT: a. Zero coupon bonds are sold at a price above par value. b. None of the
Which ONE of the following statements is wholly CORRECT:
a. | Zero coupon bonds are sold at a price above par value. | |
b. | None of the answers are correct. | |
c. | Zero-coupon bonds have fixed coupon rate. | |
d. | Zero-coupon bonds are sold at a price below par value. | |
e. | Zero-coupon bonds are valued using simple interest. |
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