A stripped bond Question 9Select one: a. is a bearer bond and pays coupons at regular intervals until maturity. a. is a bearer bond and pays coupons at regular intervals until maturity. b. is a bearer bond and typically sells at a premium from its face value. b. is a bearer bond and typically sells at a premium from its face value. c. is a floating rate bond and maintains its value when interest rates increase. c. is a floating rate bond and maintains its value when interest rates increase. d. pays no coupons; thus it sells at a deep discount from face value. d. pays no coupons; thus it sells at a deep discount from face value. e. pays no coupon; thus can be sold back to issuer (retracted) by the holder / investor at a deep discount from face value.

Answer rating: 100% (QA)

The correct answer is d pays no coupons thus it sells at a d... View the full answer