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Which of the following statements is true of zero coupon bonds?

-Zero coupon bonds have no coupon payments over its life and only offer a single payment at maturity.

-Zero coupon bonds sell well below their face value (at a deep discount) because they offer no coupons.

-The most frequent and regular issuer of zero coupon securities is the U.S. Treasury Department.

-All of the above are true.

Financial Management, Finance

  • Category:- Financial Management
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