IIA ACCA CIA Challenge Exam IIA-ACCA Question # 158 Topic 16 Discussion

IIA ACCA CIA Challenge Exam IIA-ACCA Question # 158 Topic 16 Discussion

IIA-ACCA Exam Topic 16 Question 158 Discussion:
Question #: 158
Topic #: 16

Which type of bond sells at a discount from face value, then increases in value annually until it reaches maturity and provides the owner with the total payoff?


A.

High-yield bonds.


B.

Commodity-backed bonds.


C.

Zero coupon bonds.


D.

Junk bonds.


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