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Zero - coupon bonds are sold initially at their fair value. Thereafter, the value of a zero - coupon bond reflects any accrued but not
Zerocoupon bonds are sold initially at their fair value. Thereafter, the value of a zerocoupon bond reflects any accrued but not received interest income.
This latter value is referred to as the bond's:
Question Answer
a
Accrued value
b
Intrinsic value
c
Stated value
d
Accreted value
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