Which ONE of the Following Statements Is True

question 90

Multiple Choice

Which ONE of the following statements is true?

• A) Zero coupon bonds have no coupon payments over its life and only offer a single payment at maturity.
• B) Zero coupon bonds sell well below their face value (at a deep discount) because they offer no coupons.
• C) The most frequent and regular issuer of zero coupon securities is the U.S. Treasury Department.
• D) All of the above are true.

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Definitions:

Minority Group

A category of people who experience relative disadvantage as compared to members of a dominant social group within the same society.

Blacks

A term referring to individuals and groups of African descent, often used within the context of discussing racial identity, experiences, and issues in societies.

Latinos

People from or with ancestors from Latin America, often distinguished by their cultural, linguistic, or ancestral ties.

United States

A country in North America consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its large size and diversity.