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Homestead is a borough in Allegheny County, Pennsylvania, United States, along the Monongahela River 7 miles (11 km) southeast of downtown Pittsburgh.The borough is known for the Homestead strike of 1892, an important event in the history of labor relations in the United States.
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 ...