Item$41$

$2\mathrm{.}22$points

$$

Time Remaining $1$ hour $21$ minutes $41$ seconds

$01$:$21$:$41$

Item$41$

$$

Time Remaining $1$ hour $21$ minutes $41$ seconds

$01$:$21$:$41$

If the value of a Treasury bond was higher than the value of the sum of its parts $($STRIPPED cash flows$),$

Multiple Choice

arbitrage would probably occur.

arbitrage would probably not occur.

the FED would adjust interest rates.

All of the options are correct.

None of the options are correct.