Which of the following statements regarding zero-coupon bonds is TRUE()
A. An investor who holds a zero-coupon bond until maturity will receive a return equal to the bond’s effective annual yield.
B. An investor who holds a zero-coupon bond until maturity will receive an annuity of coupon payments plus recovery of principal at maturity.
C. An investor who holds a zero-coupon bond until maturity will receive an annuity of coupon payments.