Which one of the following statements about zero coupon bonds is NOT true? Zero coupon bonds have no coupon payments but promise a single payment at maturity. O Zero coupon bonds must sell for less than similar bonds that make periodic coupon payments. O Zero coupon bonds are all considered junk bonds and may not make a principal payment at maturity. O All of the above 'statements are true.
Which one of the following statements about zero coupon bonds is NOT true? Zero coupon bonds have no coupon payments but promise a single payment at maturity. O Zero coupon bonds must sell for less than similar bonds that make periodic coupon payments. O Zero coupon bonds are all considered junk bonds and may not make a principal payment at maturity. O All of the above 'statements are true.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Which one of the following statements about zero coupon bonds is NOT true?
Zero coupon bonds have no coupon payments but promise a single payment at maturity.
O Zero coupon bonds must sell for less than similar bonds that make periodic coupon payments.
Zero coupon bonds are all considered junk bonds and may not make a principal payment at maturity.
O All of the above statements are true.
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