What are strip bonds? Are strip bonds sold at a premium or a discount to their maturity
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What are strip bonds? Are strip bonds sold at a premium or a discount to their maturity value? Explain.
MaturityMaturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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Strip bonds are longterm debt securities issued by the Government of Canada and some p...View the full answer
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