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    Exam 5: Financial Markets, Institutions, and Securities
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    Another Name for a Bond That Does Not Make Periodic
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Another Name for a Bond That Does Not Make Periodic

Question 24

Question 24

Multiple Choice

Another name for a bond that does not make periodic coupon payments is a


A) subordinated debenture.
B) zero coupon bond.
C) junk bond.
D) floating rate bond.

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