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Which of the following is not correct about TIPS? A.TIPS can be purchased on a competitive or noncompetitive basis. B.TIPS are issued directly from the

Which of the following is not correct about TIPS?

A.TIPS can be purchased on a competitive or noncompetitive basis. B.TIPS are issued directly from the U.S. Treasury. C.With deflation, the interest payments will decrease for TIPS. D.The interest rate for TIPS changes based on inflation.

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