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Which type of bond most likely earns int...

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题目

Which type of bond most likely earns interest on an implied basis?

选项

A.Floater

B.Conventional bond

C.Pure discount bond

答案

C

解析

: C is correct. A zero-coupon, or pure discount, bond pays no interest; instead, it is issued at a discount to par value and redeemed at par. As a result, the interest earned is implied and equal to the difference between the par value and the purchase price. : C是正确的。零息票或纯折扣债券不付利息;相反,它是以票面价值的折扣发行并按票面价值赎回的。因此,赚取的利息是隐含的,等于票面价值和购买价格之间的差额。