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(Choose 1 answer)
(20426)Which of the following statements is most true about zero coupon bonds?
A. They typically sell at a premium over par when they are first issued.
B. They typically sell for a higher price than similar coupon bonds.
C. They are always convertible to common stock.
D. They typically sell at a deep discount below par when they are first issued.
14/50-CAP
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