Zero Coupon Bond BA II+ Calculator
Introduction & Importance
Zero coupon bonds are a type of debt obligation that does not pay interest. Instead, they are sold at a discount to their face value and appreciate over time until they reach their face value at maturity. The BA II+ calculator is a financial calculator used to calculate the present value of a zero coupon bond.
For more information, see the U.S. Department of the Treasury and the Federal Reserve Bank of St. Louis.