The bond that does not pay any interest and issued at a price lower than its reimbursement value is called as

Name: The bond that does not pay any interest and issued at a price lower than its reimbursement value is called as
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Question

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Zero coupon bonds are issued at a discount to their face value and do not pay periodic interest payments. Investors earn a return through the gradual appreciation of the bond, culminating in its full face value being repaid at maturity.

The Bond That Does Not Pay Any Interest and Issued