Feb 03, 2007 13:14
1. Grab the nearest book
2. Open the book to page 23.
3. Find the fifth sentence.
4. Post the text of the next 3 sentences on your blog along with these instructions.
5. Don’t you dare dig for that “cool” or “intellectual” book in your closet! I know you were thinking about it! Just pick up whatever is closest.
6. Tag 5 people
Series 7 Book (the worst thing ever)
1. Zero-Coupon Bond: Stated par value (usu. $1000 min.) but without a stated rate of interest
2. No interest payments are made- these are purchased at a discount and mature at par
3. though no income is received until maturity, the bondholder must pay tax on the accreted value