A(n) ________ is issued with no or very low coupon and sells significantly below its par value.

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A(n) ________ is issued with no or very low coupon and sells significantly below its par value.

A(n) ________ is issued with no or very low coupon and sells significantly below its par value.
A) income bond
B) zero or low coupon bond
C) mortgage bond
D) subordinated debenture

Textbook

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

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