Question: A five - year zero - coupon bond, because the present value is received sooner and the future value is higher. B . A three
A fiveyear zerocoupon bond, because the present value is received sooner and the future value is higher.
B
A threeyear zerocoupon bond, because the future value is received sooner and the present value is higher.
C
A threeyear zerocoupon bond, because the present value is received sooner and the future value is higher.
D
A fiveyear zerocoupon bond, because the future value is received later and the present value is higher.
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