A zero coupon bond-14879
A zero coupon bond:
This multiple choice question (MCQ) is related to the book/course
vu mgt411 Money & Banking.
It can also be found in
vu mgt411 Final Term - Quiz No.5.
A zero coupon bond:
Does not pay any coupon payments because the issuer is in default
Pays coupons only once a year versus the usual twice a year
Promises a single future payment
Pays coupons only if the bond price is below face value
