The STRIPS are used effectively to receive?

Correct answer: A. One set of payment

  • A. One set of payment
  • B. Two sets of payments
  • C. Three sets of payments
  • D. Four sets of payments

Explanation

STRIPS separate a bond’s principal and coupon payments, allowing an investor to receive a single payment at maturity from each stripped security. They are therefore used as zero-coupon investments providing one set of payments.

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