The bond which is used as insurer to protect investors against the interest rate risk, is classified as ___________?

Correct answer: B. zero coupon treasury bonds

  • A. zero coupon treasury notes
  • B. zero coupon treasury bonds
  • C. One payment bonds
  • D. zero treasurer bonds

Explanation

Zero-coupon Treasury bonds provide a fixed amount at maturity and do not require reinvestment of periodic coupon payments, helping protect a held-to-maturity investor from reinvestment-rate changes. Treasury notes pay coupons and therefore do not provide the same feature.

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