alleryTreasury bills are also known as:
AFixed coupon bonds
BPerpetual debentures
CConvertible warrants
DZero coupon bonds
Answer & Solution
Correct answer: D. Zero coupon bonds
1. They pay no periodic interest.
2. They are issued below face value.
3. So they are zero coupon bonds.
_Source: syllabus Business Studies Part II, Chapter 10, Financial Markets._
Keep practising Financial Markets
Browse all Financial Markets questions for AP Intermediate 2nd Year, or explore more Business Studies topics.
Related questions
Already-issued securities are bought and sold between investors in the:New securities are sold to the public for the first time in the:Bonds issued by states, cities and counties are called:The amount borrowed by the issuer of a bond, also called par value, is the:Payments made to stockholders out of a corporation's profits are:An equity security whose dividend is fixed when it is issued is:A security representing an ownership interest in a corporation is:The principle that a higher risk should bring the chance of a greater return is the: