Answer:
B. False
Explanation:
Zero coupon bonds which are also referred to as deep discount bonds are offered to investors at deep discounted price and redeemed at par value. Such bonds do not pay any interest.
The return an investor earns on such bonds represents the difference between the purchase price and par value, since such bonds are redeemable at par.
Hence these bonds are issued at a discounted price and ain't sold at par.
