A zero-coupon bond can best be considered a: A. Step-up bond. B. Credit-linked bond. C. Deferred coupon
Question:
A zero-coupon bond can best be considered a:
A. Step-up bond.
B. Credit-linked bond.
C. Deferred coupon bond.
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C is correct Because interest is effectively deferred until maturity a zeroc...View the full answer
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