- CFA Exams
- CFA Level I Exam
- Study Session 14. Fixed Income (1)
- Reading 42. Fixed-Income Securities: Defining Elements
- Subject 4. Structure of a Bond's Cash Flows
CFA Practice Question
An zero-coupon bond can be thought of as an extreme form of ______.
A. deferred coupon bond
B. index-linked bond
C. floating-rate bond
Explanation: An zero-coupon bond effectively defers all interest payments until maturity.
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