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Which type of bond sells at a discount from face value, then increases in value...

Which type of bond sells at a discount from face value, then increases in value annually until it reaches maturity and provides the owner with the total payoff?

A.

High-yield bonds.

B.

Commodity-backed bonds.

C.

Zero coupon bonds.

D.

Junk bonds.

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  • Product: IIA-ACCA
  • Update on: Jul 29, 2025
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