Identify a zero-coupon bond that has a convertible feature.
DISCUSSION:
1. Identify a zero-coupon bond that has a convertible feature. (p. 46)
2. Discuss the tax implications of investing in zeros in a taxable account. (p. 45)
3. How might zero-coupon bonds be utilized by a parent looking to save enough dollars to fund a college education for his daughter? (p.45)
joyce
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