_________ is issued with a very low coupon and sells significantly below its par value.
A. An income bond
B. A deep/zero coupon bond
C. A mortgage bond
D. A subordinated debenture
Answer:B
_________ is issued with a very low coupon and sells significantly below its par value.
A. An income bond B. A deep/zero coupon bond C. A mortgage bond D. A subordinated debenture