?
In financial markets, STRIPS are also classified as
Answer & Solution
Correct Answer:
Option
C
In financial markets, STRIPS are also classified as treasury zero coupon bonds. A zero-coupon bond is a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity, when the bond is redeemed for its full face value.
Join the Discussion
Login to post a comment or share your explanation.
Login