问题
单项选择题
Which of the following statements about the taxation of separate trading of registered interest and principal of securities (STRIPS) is FALSE（）
A. Implicit interest taxation is a paramount issue for pension plans.
B. A 10 -year Treasury note has 20 coupons and 1 principal payment.
C. The STRIPS program began in 1985.
答案
参考答案：A
解析：
Pension plans are not taxable entities so they do not have to worry about implicit interest taxation. All of the other statements are true.