The Advantage to Owning Zero-Coupon Bonds Is That

The advantage to owning zero-coupon bonds is that

A) there is no risk that the interest over the life of the bond will have to be reinvested at a lower rate.
B) they are insured by the federal government and hence default risk is zero.
C) their coupon payments are made annually instead of semi-annually.
D) interest payments are not taxed on the amount of the interest earned each year.