Question: a stripped bond: a . pays coupons at regular intervals until maturity b . typically sells at a premium from its face value c .

a stripped bond:
a. pays coupons at regular intervals until maturity
b. typically sells at a premium from its face value
c. increases in value when interest rates increase
d. pays no coupons, thus it sells at a deep discount from face value
e. Decreases in value when interest rates decrease

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