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Which of the following money market instruments is also known as zero coupon bond ? (a) Treasury bills (b) commercial paper (c) Call money (d) Certifi

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Which of the following money market instruments is also known as zero coupon bond ?
(a) Treasury bills (b) commercial paper
(c) Call money (d) Certificate of Deposits
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(A)TREASURY BILLS
because they are issued at a price which is lower than their face vale and repaid at par . therefore correct option is(a)
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