Question: A Treasury STRIPS matures in 8.5 years and has a yield to maturity of 6.5 percent. If the par value is $100,000, what is the

A Treasury STRIPS matures in 8.5 years and has a yield to maturity of 6.5 percent. If the par value is $100,000, what is the price of the STRIPS? What is the quoted price?

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