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19. The US Treasury decides to create Strips using $1 million of notes. What will be the result of this process? 5% coupon, 5-year maturity

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19. The US Treasury decides to create "Strips" using $1 million of notes. What will be the result of this process? 5% coupon, 5-year maturity a. ten Coupon Strips with par values of $25,000 each, with maturities ranging from six months to five years, and one Principal Strip with a par value of $1,000,000 and a maturity of 5 years. b. ten Principai Strips with par value of $25,000 each, with maturities ranging from six months to five years, and one Coupon Strip with a par value of $1,000,000 and a maturity of 5 years c. a single zero coupon bond with a payment of $1,050,000, and a maturity of 5 years d, ten 5 year maturity notes, each with a coupon rate of 5% and a price of $950,000

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