Treasury STRIPS are most similar to which type of corporate security?
A) Preferred stock
B) Premium bond
C) High-yield bond
D) Zero-coupon bond

Name: Treasury STRIPS are most similar to which type of corporate security? A) Preferred stock B) Premium bond C) High-yield bond D) Zero-coupon bond
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Treasury STRIPS are similar to zero-coupon bonds because they are sold at a discount and do not pay periodic interest, instead providing a single payment at maturity.

Treasury STRIPS Are Most Similar to Which Type of Corporate