Which of the Following Statements Is True Regarding STRIPS

question 78

Multiple Choice

Which of the following statements is true regarding STRIPS?

• A)They are issued by the Treasury.
• B)They are created and sold by various financial institutions.
• C)They are not backed by the U.S. government.
• D)They have to be held until maturity.
• E)All of these are true regarding STRIPS.

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