Examlex
Which of the following is an advantage of Ku-band satellite transmission over C-band satellite transmission?
Zero-Coupon Bond
A bond that is issued at a discount and repaid at face value at maturity, without periodic interest payments.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, typically expressed in years.
Coupon
The interest rate on a bond that the issuer promises to pay to the holder until maturity.
Zero-Coupon Bond
A bond that does not pay periodic interest and is sold at a discount from its face value, with the return being the difference between the purchase price and the bond's face value at maturity.
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