Treasury strips are securities created by stripping the coupon and principal payments made by an ordinary bond and selling them as individual securities. AUS tresury note with exact five yeats to maturity most likely can be broken into as many as:
A) 11 Treasury STRIPS.
B) 9 Treasury STRIPS.
C) 10 Treasury STRIPS.
D) 5 Treasury STRIPS.
Answers: 1
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Treasury strips are securities created by stripping the coupon and principal payments made by an ord...
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