Question: A zero bond is a bond: a. which is not traded. b. whose face value is always zero. c. with a coupon rate of zero.
A zero bond is a bond:
- a. which is not traded.
- b. whose face value is always zero.
- c. with a coupon rate of zero.
- d. None of the above answers.
choose ther right answer
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
