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t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
Bill Russell. William Felton Russell (February 12, 1934 – July 31, 2022) was an American professional basketball player who played center for the Boston Celtics of the National Basketball Association (NBA) from 1956 to 1969. He was the centerpiece of the Celtics dynasty that won 11 NBA championships during his 13-year career. [3]
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
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