A zero coupon bond is NOT an example of a(n) ____.
A) fixed income security
B) original issue deep discount bond
C) tax-exempt bond
D) All of these are correct

Question

Quizplus · Accepted Answer

Although a zero coupon bond is a fixed income security and an original issue deep discount bond, it is not necessarily always a tax-exempt bond. Therefore, option D is incorrect. Option C is the correct answer as it is the only option that does not always apply to a zero coupon bond.

A Zero Coupon Bond Is NOT an Example of A(n)