CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

Zero-coupon bonds are bonds that ______
A. are not contracted to make periodic coupon payments.
B. have no coupon payment for a deferred period.
C. are contracted to make periodic coupon payments.
Explanation: Zero-coupon bonds are issued at a discount to par value and redeemed at par. They are also known as pure discount bonds.

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