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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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