Q34
Which of the following are the main features of Zero Coupon Bonds? 1. They are called deep discount bonds. 2. The price paid by investors is less than their face value. 3. The bonds are redeemed at par.
A.
1 and 3
B.
1 and 2
C.
2 and 3
D.
1, 2 and 3
AnswerAnswer: Option D
Solution
Answer: Option D
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