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Which of the following statements about STRIPs is not true? When a STRIP is created, each interest payment and the principal payment become a separate

Which of the following statements about STRIPs is not true?

When a STRIP is created, each interest payment and the principal payment become a separate security

Many small investors prefer STRIPs because they help to manage interest rate risk

Treasury securities dealers create STRIPs in part because they can sell the security pieces for more than the original security.

STRIPs are sold directly to the final investors by the Treasury Department

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