Question:
What is Zero Coupon Bond?
What is Zero Coupon Bond?
Updated On: Oct 1, 2024
- Bond sold at the fraction of its face value
- Bond sold at the fraction of its cost price
- Bond issued for industrialists only
- None of the above
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The Correct Option is A
Solution and Explanation
The correct option is (A): Bond sold at the fraction of its face value
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