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Reply #11: A zero coupon bond is similar to a US Savings Bond.
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OllieLotte
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Tue Aug-09-11 12:23 PM
Response to Reply #5 |
11. A zero coupon bond is similar to a US Savings Bond. |
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If you buy a $50 US Saving Bond you don't pay $50 for it. You would pay less, depending upon the type and maturity date and rate.
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