Examlex
Purchasing a product provides the sender with _____.
Treasury Bond
A long-term, interest-bearing security issued by the U.S. government.
STRIPPED Cash Flows
Cash flows that are separated from their financial instruments in order to be sold as individual securities.
Arbitrage
The simultaneous purchase and sale of an asset in different markets to exploit price differences for a risk-free profit.
Treasury STRIPS
Separate Trading of Registered Interest and Principal of Securities; bonds that are dissected into individual principal and interest payments and sold separately.
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