A zero-coupon bond is also called a(n)
A)income bond.
B)original issue discount bond.
C)pure discount bond.
D)premium bond.

Name: A zero-coupon bond is also called a(n) A)income bond. B)original issue discount bond. C)pure discount bond. D)premium bond.
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Question

Quizplus · Accepted Answer

A zero-coupon bond is a bond that does not pay interest payments. Instead, the bond is sold at a discount to its face value and the investor receives the face value of the bond at maturity.

A Zero-Coupon Bond Is Also Called A(n)