Which of the Following Best Describes Zero Coupon Bonds

Which of the following best describes zero coupon bonds?

A) bonds that are issued with no coupon payment and whose price is generally above the bond's par value
B) bonds that are issued with a coupon payment and whose price is generally above the bond's par value
C) bonds that are issued with no coupon payment and whose price fluctuates above and below its par value
D) bonds that are no longer issued because the Government of Canada requires that interest earned on bonds be paid out to investors