Which of the Following Statements Is Not True Regarding STRIPS

question 41

Multiple Choice

Which of the following statements is not true regarding STRIPS?

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

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