If the value of a Treasury bond was higher than the value of the sum of its parts (STRIPPED cash flows) you could not profit by buying not profit by buying the profit by profit by the stripped cash None stripped cash flows and buying buying the a, flows and the bond O b. of the C. reconstituting the bond and d. stripped cash reconstituting the and flows and options profit by buying the bond bond. and creating STRIPS creating reconstituting STRIPS the bond