Under What Situation Can a Zero-Coupon Bond Be Selling at Par

question 71

Essay

Under what situation can a zero-coupon bond be selling at par to its face value?

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Definitions:

Mitral Valve Prolapse

A condition where the valve between the heart's left upper chamber and left lower chamber doesn't close properly.

Heart Valve

Structures within the heart that open and close to control the flow of blood between the chambers of the heart and into the arteries.

Floppy

Pertaining to or characteristic of a floppy disk or flexible nature; often used to describe a state of lacking rigidity.

Cardiac Arrest

An abrupt loss of heart function, breathing, and consciousness, typically resulting from an electrical disturbance in the heart.