The bond that does not pay any interest and issued at a price lower than its reimbursement value is called as

Related MCQs

• The bond markets are important because
• The __________ refers to the orderly relationship between spot and forward currency exchange rates and the rates of interest between countries.
• A contract that gives the buyer the right to buy commodity or a foreign currency from the seller at a fixed price is called as
• Quotation where the price of one unit of foreign currency is given in terms of local currency units is called as
• Difference between buying and selling rates in an exchange rate or interest rate quotation is known as
• The total value of the products and services marketed by a nation is called:
• An interest rate cap is a series of
• _______________ is a process of taking advantage of differentials in interest rates of two currencies while eliminating exchange risk.
• Increasing interest rates
• The following method does not result in sharing of an exchange risk between importer and exporter