GFOA CPFO Exam - Topic 6 Question 29 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 29
Topic #: 6

[All CPFO Questions]

A STRIP (Separate individual interest and principal payments) is known as:

AIndividual-coupon

BZero-coupon

CFloaters

DCallable

Show Suggested Answer

Suggested Answer: B

by Fabiola at May 06, 2022, 02:19 AM

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Micheal

5 months ago

Surprised to learn this, I always thought they were the same!

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Keva

5 months ago

I thought callable bonds were the way to go, not STRIPs.

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Tammy

5 months ago

Wait, isn't it more like a zero-coupon?

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Bettyann

5 months ago

Totally agree, it's all about separating those payments!

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Tiera

5 months ago

A STRIP is an individual-coupon.

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Paola

5 months ago

I definitely recall something about floaters, but I don't think that's what STRIPs are. I should probably go with zero-coupon.

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Moon

5 months ago

I’m a bit confused. I thought STRIPs were more about callable bonds, but that doesn’t seem right now.

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Ashlyn

5 months ago

I remember studying zero-coupon bonds, and I feel like STRIPs might be related to that. Could it be option B?

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Giovanna

6 months ago

I think a STRIP refers to individual-coupon payments, but I'm not entirely sure. It sounds familiar from our last practice session.

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Deandrea

6 months ago

I think I've got a good handle on this. Based on the information provided, I'd recommend the single-site in Citrix Cloud with resources hosted in the public cloud.

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Sanda

6 months ago

I feel pretty confident about this. The key is the addpaths configuration, which means R6 will receive multiple paths from R4 and R5. The answer is D.

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Dorcas

6 months ago

Option C sounds familiar, but I can't recall what the significance of the label range 0 is in this context.

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