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The US Treasury issues a 6-year T-note to JPMorgan.They have a par value of $10,000, an 8% coupon rate, and pays semiannually.If JPMorgan decides to
The US Treasury issues a 6-year T-note to JPMorgan.They have a par value of $10,000, an 8% coupon rate, and pays semiannually.If JPMorgan decides to convert this to STRIP bonds, how many unique securities are created?
13
6
12
none of the above
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