Answer the below questions. (a) What is meant by coupon stripping in the Treasury market? (b) What

Question:

Answer the below questions.
(a) What is meant by stripping in the Treasury market?
(b) What is created as a result of stripping in the Treasury market? Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...