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1a )what are strips and what they provide b) what are the major advantages of strips and major disadvantages of STRIPS and also what about

1a )what are strips and what they provide

b) what are the major advantages of strips and major disadvantages of STRIPS and also what about the major differences between STRIPS and normal bonds

c) also major advantages that strips have over regular bonds and major drawbacks

d) Back this up with calculations on differences between the return on investment between strips and normal bonds

try to be as specific as possible

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