Course 204: Zero-Coupon Securities
Zeros Are a Unique Twist on Bonds
In this course
1 Introduction
2 What Are Zero Coupons?
3 Types of Zero-Coupon Securities
4 Strategic Considerations of Zero Coupon Securities
5 Zeros Are a Unique Twist on Bonds

Zero-coupon securities offer investors good returns and the security of bonds at a significant discount from their par value. There are special risks and tax considerations that go with zeros, and the ever-proliferating variety of zeros requires careful study of a number of strategic considerations.

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