Smart IMS fresher Interview Questions and Answers

A zero coupon bond is a bond that pays no interest and is sold at a discount to its face value.

• Zero coupon bonds are also known as discount bonds.

• Investors buy these bonds at a price lower than their face value and receive the full face value at maturity.

• The difference between the purchase price and the face value is the investor's return.

• Zero coupon bonds are often used for long-term investments, such as retirement sa...read more

Corporate actions are events initiated by a company that can affect its stock price and shareholders. They are recorded in books through various accounting entries.

• Corporate actions include stock splits, dividends, mergers, acquisitions, and spin-offs.

• These actions are recorded in books through journal entries and adjustments to accounts such as retained earnings and stockholders' equity.

• For example, if a company decla...read more