SIE Exam Question 840: Answer and Explanation

Question: 840

Which of the following is correct regarding the interest paid by Treasury STRIPS?

  • A. They pay interest monthly.
  • B. They pay interest semiannually.
  • C. They pay interest annually.
  • D. They do not pay interest.

Correct Answer: D

Explanation:

Treasury STRIPS do not pay interest prior to maturity.

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