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Question of the Week: Level 1 - Fixed Income

MarkMeldrumMarkMeldrum OntarioPosts: 73 Associate
edited April 26 in Level 1 Questions
A 9-year $1,000 bond that pays no coupon is trading at $591.89 with a yield of 6%.  It would least likely be referred to as a:

Question of the Week: Level 1 - Fixed Income 13 votes

A. couponless bond.
30% 4 votes
B. zero-coupon bond.
23% 3 votes
C. pure discount bond.
46% 6 votes
agiral62

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