A Twenty-Year Maturity STRIP Bond Can Be Stripped into __________

question 80

Multiple Choice

A twenty-year maturity STRIP bond can be stripped into __________ instruments.

• A) 20
• B) 21
• C) 40
• D) 41
• E) 10

---

Definitions:

Raw Materials

The basic, unprocessed resources required for manufacturing goods or providing services, such as metals, wood, oil, or agricultural products.

Outsourcing

Is the process of hiring outside firms to handle basic HRM functions, presumably more efficiently than the organization could.

Background Checks

The process of verifying an individual’s personal, financial, and/or criminal history, often done by employers to ensure the reliability of potential hires.

HR Duties

The responsibilities of the Human Resources department, including recruiting, hiring, training, and managing employee relations.