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    Exam 19: Banking Industry: Structure and Competition
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    "Stripping" a Treasury Bond
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"Stripping" a Treasury Bond

Question 51

Question 51

Multiple Choice

"Stripping" a Treasury bond


A) means selling each of its future payments as a separate zero-coupon bond.
B) decreases the total present discounted value of future payments.
C) both A and B.
D) none of the above.

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