Zero coupon bonds are bonds that do not pay interest during the life of the bonds. When a zero coupon bond matures, the investor will receive one lump sum equal to the initial investment plus the imputed interest.
by Pallavi Deshpande . November 4, 2013
Zero coupon bonds are bonds that do not pay interest during the life of the bonds. When a zero coupon bond matures, the investor will receive one lump sum equal to the initial investment plus the imputed interest.