MCQOPTIONS
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| 1. |
Zero Coupon Bonds are that variety of loans |
| A. | which fail to yield an income for the creditors |
| B. | which are issued at a discount and redeemed at par |
| C. | on which the entire interest income is paid at the time of purchase |
| D. | the market price of which may fall suddenly and heavily |
| Answer» C. on which the entire interest income is paid at the time of purchase | |