Question: What statement about debt securities is FALSE? a) Most debt securities provide regular interest payments and a lump sum at maturity. b) All interest payments

What statement about debt securities is FALSE? a) Most debt securities

What statement about debt securities is FALSE? a) Most debt securities provide regular interest payments and a lump sum at maturity. b) All interest payments received in cash are taxable in the year received, unless they have already been reported on an accrual basis. c) Interest paid in a lump sum at maturity must be reported annually on an accrual basis. d) The difference between the purchase price and face amount of a strip bond represents a capital gain for the investor

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