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Zero-coupon bonds are those that pay no coupons and thus have a coupon rate of 0%. [ 6 ] [ 7 ] Such bonds make only one payment: the payment of the face value on the maturity date. Normally, to compensate the bondholder for the time value of money , the price of a zero-coupon bond will always be less than its face value on any date of purchase ...
At the 2020 census, the racial and ethnic composition of the state was 42.5% White (39.8% non-Hispanic White), 11.8% Black, 5.4% Asian, 0.3% American Indian and Alaska Native, 0.1% Native Hawaiian and other Pacific Islander, 13.6% some other race, 17.6% two or more races, and 40.2% Hispanic and Latino American of any race.