A bond issued at a price less than its face value and payable on its due at its face value bearing no Rate of Interest (Rol) is called [SBI Clerk 2014]

A bond issued at a price less than its face value and payable on its d

1.	A bond issued at a price less than its face value and payable on its due at its face value bearing no Rate of Interest (Rol) is called [SBI Clerk 2014]
A.	Preference Bond
B.	Zero Coupon Bond
C.	Convertible Bond
D.	Perpetual Bond
E.	Sovereign
Answer» C. Convertible Bond

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A bond issued at a price less than its face value and payable on its due at its face value bearing no Rate of Interest (Rol) is called [SBI Clerk 2014]

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