Question
The instrument where coupon and principal payments of
bonds are converted into separate securities and are separately traded is called:Solution
STRIPS – Separate Trading of Registered Interest and Principal of Securities: STRIPS are the securities created by way of separating the cash flows associated with a regular G-Sec each semi-annual coupon payment and the final principal payment to be received from the issuer, into separate securities. They are like the Zero-Coupon Bonds (ZCBs). They are created out of existing securities only and unlike other securities, are not issued through auctions.
21Â Â Â Â Â Â 24 Â Â Â Â Â Â 22Â Â Â Â Â Â 25Â Â Â Â Â 23Â Â Â Â Â Â Â ?Â
...28, 43, 73, 118, ?, 253
114, 115, 118, 127, ?, 235
72, 79, 100, 135, 184, ?
11Â Â Â Â Â Â Â Â Â Â 22.5Â Â Â Â Â Â Â 47Â Â Â Â Â Â Â Â Â Â 102Â Â Â Â Â Â Â Â 236Â Â Â Â Â Â Â Â ?
...120, 136, 111, 147, ?, 162
What will come in place of the question mark (?) in the following series?
60, 94, 184, 464, 1388, ?
12    17    44    147    ?   3065   18420
...What will come in place of the question mark (?) in the following series?
50, 70, 110, 190, 310, ?
70, 69, 73, 64,80, 55, ?
