A zero coupon bond is a debt security that does not pay periodic interest, or coupons, during its life. Instead, it is issued at a discount to its face value and matures at par, with the difference representing the investor’s return. This zero coupon bond definition highlights its appeal for investors seeking a lump sum at maturity.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
