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Treasury STRIPS Group of answer choices have duration longer than their stated maturity date. created by redeeming each coupon for cash and resissuing the cash

Treasury STRIPS

Group of answer choices

have duration longer than their stated maturity date.

created by redeeming each coupon for cash and resissuing the cash as a zero coupon bond.

are securities guaranteed by the primary dealers of Treasury securities.

have more price sensitivity to interest rate moves than straight Treasury bonds of the same maturity.

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