Which of the following statements is FALSE?
A) The bond certificate typically specifies that the coupons will be paid periodically until the maturity date of the bond.
B) The bond certificate indicates the amounts and dates of all payments to be made.
C) The only cash payments the investor will receive from a zero coupon bond are the interest payments that are paid up until the maturity date.
D) Usually the face value of a bond is repaid at maturity
Answer: C