A discount bond is also called a ________ because the owner does not receive periodic payments.
A)zero-coupon bond
B)municipal bond
C)corporate bond
D)consol

Question

Quizplus · Accepted Answer

A discount bond is also known as a zero-coupon bond because the bond owner does not receive periodic interest payments. Instead, the bond is sold at a discount to its face value and the owner receives the full face value when the bond matures.

A Discount Bond Is Also Called a ________ Because the Owner