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Reply #12: I know what a zero coupon bond is...
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A HERETIC I AM
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Tue Aug-09-11 06:31 PM
Response to Reply #11 |
12. I know what a zero coupon bond is... |
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and I understand how they're priced. T-bills are all zero coupon bonds.
Still, why would anyone want to buy a 30 year zero? It makes no sense from an investment standpoint, unless the yield is so outrageous as to make it irresistible. And those sorts just don't exist.
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