Abound issued at a price less than its face value and payable on its d – McqOptions

MCQOPTIONS

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

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